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Analysis: NAB paid a realistic price for three-year debt

This is a discussion on Analysis: NAB paid a realistic price for three-year debt within the Latest News forums, part of the Local Happenings category; In January, National Australia Bank raised A$1.0 billion for three years in the domestic bond market at a credit spread of just 75 basis points over bank bills. In March ...


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Old 15th December 2011, 06:55 AM   #1
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Post Analysis: NAB paid a realistic price for three-year debt

In January, National Australia Bank raised A$1.0 billion for three years in the domestic bond market at a credit spread of just 75 basis points over bank bills. In March 2006 NAB paid just six bps over bank bills for three-year funds in the domestic market. But NAB did not pay too much for this week's $800 million raising.

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