Login or request a free trial

NAB and BNZ active offshore

National Australia Bank and its subsidiary, Bank of New Zealand, raised funds in the US s144A market and the Euromarket, respectively. nab raised US$1.25 billion for five years at 140 basis points over US Treasuries while BNZ raised €750 million for seven years at 122 bps over mid-swap.Westpac added A$50 million to its December 2013 EMTN line to take outstandings to A$150 million. The line was opened in late January.ANZ also added A$50 million to its February 2013 line, taking outstandings to A$200 million. This is the second addition to the line, also opened in January.

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