fintech / news / / The Manila Times
HSBC Holdings has launched a benchmark Australian dollar bond sale.
HSBC has launched benchmark Australian dollar bonds with six-year and 11-year maturities.
KEY POINTS
- Total orders have surpassed A$3.45 billion, including A$80 million from lead managers.
- Six-year notes offer both floating-rate and fixed-to-floating options; 11-year notes are fixed-to-floating.
- Price guidance is 135 bps over benchmark for six-year and 170 bps for 11-year bonds.
- The six-year fixed-rate notes have an indicated yield of 6.10%, while 11-year notes yield 6.68%.
COMPANIES
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