NAB launches first domestic benchmark for six months
- Wednesday, 24 March 2010
On March 24 National Australia Bank (NAB) (AA/Aa1/AA) became the third of Australia's big four banks to launch a domestic benchmark transaction in 2010, announcing that its new three-year issue will price within a day. The bank has not issued a domestic benchmark transaction since selling A$1.5 billion (US$1.4 billion) of five-year bonds in September last year.
