Another upsize as RBS issues a A$1.5 billion fixed and floating rate 2013 [UPDATED]

On August 24, the Royal Bank of Scotland Australia Branch (RBS Australia) (A+/Aa3) issued a new A$1.5 billion (US$1.32 billion) three-year fixed and floating rate deal, upsized from an initial target volume of A$500 million. This transaction was the fifth to come from the local branch of an offshore bank this month.