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Bendigo and Adelaide Bank (Bendigo) recently announced the launch of a new retail bond: Bendigo and Adelaide Bank Retail Bonds Series 1 with a 3 year investment term.
market by issuing a security paying 1.40% over the 90 day bank bill swap rate (BBSW) for a three year term. The issue is another important step for the retail bond market and follows on from the Commonwealth Bank’s decision to issue a similar security last yea
The Bonds will pay a quarterly coupon of 1.40% over the 90 day
CBA has just announced the launch of a new retail bond: CommBank Retail Bonds Series 1 with a 5 year investment term. The first round of access is through a broker firm allocation, prior to general offer and institutional offer before listing in December.
The Bonds will pay a quarterly coupon of 1.05% over the 90 day bank bill swap rate (BBSW), 5.02% as of 17th November, with an initial indicative rate of 6.07%. (The first quarter’s pricing is due to be set on date of issue) and will have
