(Bloomberg) -- National Australia Bank Ltd., the
nation's biggest, raised 50 billion yen ($410 million) in its
first yen-denominated bond sale in Japan.
The bank sold 25 billion yen of five-year, fixed-rate bonds
with a coupon of 1.80 percent. It also priced 25 billion yen of
five-year, floating-rate debt at a yield of 8 basis points more
than the swap rate, according to data compiled by Bloomberg. A
basis point equals 0.01 percentage point.
Read more at Bloomberg Bonds News
nation's biggest, raised 50 billion yen ($410 million) in its
first yen-denominated bond sale in Japan.
The bank sold 25 billion yen of five-year, fixed-rate bonds
with a coupon of 1.80 percent. It also priced 25 billion yen of
five-year, floating-rate debt at a yield of 8 basis points more
than the swap rate, according to data compiled by Bloomberg. A
basis point equals 0.01 percentage point.
Read more at Bloomberg Bonds News
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