Westpac NZ lining up five-year domestic deal
- Tuesday, 08 February 2022
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Wednesday, 02 February 2022
NPBS launches benchmark five-year FRN
Newcastle Permanent Building Society (NPBS) (BBB/A3) launched an Australian dollar denominated five-year floating-rate note (FRN) on 3 February. Indicative price guidance for the benchmark deal is 105 basis points area over three-month bank bills and pricing is expected on the day of launch. ANZ and Westpac Institutional Bank are leading.