CommBank returns to Samurai market as Japanese investors keep faith in Australia
- Friday, 16 December 2011
Commonwealth Bank of Australia (CommBank) (AA-/Aa2/AA) priced its second Samurai transaction of 2011 on December 16. The ¥50 billion (US$642 million) five-year deal has a coupon of 1.27 per cent and achieved a margin of 75 basis points over yen swap – which proved favourable for investors, according to the leads.
