New Issue-Bank of Nova Scotia sells $2 bln in bonds

Tue Jul 26, 2011 5:20pm EDT

  July 26 (Reuters) - The Bank of Nova Scotia (BNS.TO)
(BNS.N) on Tuesday sold $2 billion of covered bonds in the 144a
private placement market, said IFR, a Thomson Reuters service.
  Bank of America Merrill Lynch, Barclays, Morgan Stanley,
Bank of Nova Scotia and UBS were the joint bookrunning managers
for the sale.
BORROWER: THE BANK OF NOVA SCOTIA
AMT $2 BLN        COUPON 2.15 PCT     MATURITY 8/3/2016  
TYPE BONDS        ISS PRICE 99.953    FIRST PAY 2/3/2012 
MOODY'S Aaa       YIELD 2.16 PCT      SETTLEMENT 8/3/2011
S&P N/A           SPREAD 69 BPS       PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-A     MORE THAN TREAS    NON-CALLABLE N/A