KBN's FRN increase increase prices tighter than inaugural trade
- Monday, 15 February 2010
The increase to Kommunalbanken Norway (KBN)'s (AAA/Aaa)'s February 2013 floating rate notes (FRNs) that priced on February 10 priced at 35 basis points over the bank bill swap rate (BBSW), compared with 43 basis points over BBSW when the line was inaugurated on January 28.