(Bloomberg) -- Bank of Queensland Ltd., a regional
Australian lender, raised A$1 billion ($855 million) in its
biggest sale of bonds backed by automobile and equipment loans.
The bonds were sold to domestic and offshore investors in
nine parts, sale manager Macquarie Bank Ltd. said in an e-mailed
statement. The largest portion was A$717.5 million of AAA-rated,
August 2013 securities yielding 23 basis points more than the
benchmark swap rate.
Read more at Bloomberg Bonds News
Australian lender, raised A$1 billion ($855 million) in its
biggest sale of bonds backed by automobile and equipment loans.
The bonds were sold to domestic and offshore investors in
nine parts, sale manager Macquarie Bank Ltd. said in an e-mailed
statement. The largest portion was A$717.5 million of AAA-rated,
August 2013 securities yielding 23 basis points more than the
benchmark swap rate.
Read more at Bloomberg Bonds News
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