HSBC Sydney's new 2013 domestic raises A$500 million [UPDATED]

On August 17, HSBC Sydney Branch (HSBC Sydney) (AA/Aa2/AA) priced A$500 million (US$448.8 million) in a three-year fixed rate transaction – its first issue in two years. The bonds priced at their indicative margin of 95 basis points over semi-quarterly swap, having launched the day before.