The company said that the redemption price of the notes will be the greater of 100% of the principal amount of the notes and the sum of the present values of the remaining scheduled payments on the notes, discounted to the redemption date as described in the notes, using a reference rate
for a comparable US Treasury security plus 15 basis points.
The offer comprised AUD600m of floating-rate notes priced at 77 basis points over the three-month bank-bill reference rate
(BBSW) and a fixed-rate portion priced to yield 6.365%.
Global Banking News-November 10, 2016--Argentine central bank cuts reference rate
The debt is to be priced by tomorrow at some 200 basis points over Bank Bill Swap Reference Rate
(BBSW), an investor told National Australia Bank.
The apex bank said that it has kept its reference rate
unchanged at 26.75 percent for the fourth straight week on Tuesday.
Global Banking News-September 21, 2016--Argentine central bank continues to cut reference rate
Global Banking News-September 14, 2016--Argentine central bank cuts reference rate
Bank Indonesia (BI) left the benchmark 12-month reference rate
and the future benchmark, the 7-day reverse repurchase rate, at 6.50 percent and 5.25 percent, respectively.