Login or request a free trial

In brief: CBA sells US$3 billion in bonds

Commonwealth Bank has raised US$3 billion in funds from the US corporate bond market. In line with indicative pricing, CBA will pay 2.5 per cent on US$1 billion of five-year fixed rate securities. And it will pay 50 basis points over three-month Libor for US$2 billion of three-year floating rate securities. Bloomberg reported the sale was managed by Citigroup, JP Morgan Chase and Morgan Stanley.

I'm a returning subscriber

Password reset
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day