Commonwealth Bank was active offshore on Monday night, raising US$3.5 billion in the US s144A market. CBA raised US$750 million for three years at Libor plus 55bps, US$1.75 billion for five years and US$1.0 billion for ten years at a spread of 120 basis points and 135 bps over US Treasury bonds, respectively.CBA also raised A$100 million and HK$80 million for four and five years, respectively.