New Issue-NAB sells $2.75 bln of notes in 2 parts

July 1 (Reuters) - National Australia Bank (NAB.AX) on
Wednesday sold $2.75 billion of government-guaranteed notes in
two parts in the 144a private placement market, said IFR, a
Thomson Reuters service.

Deutsche Bank, Goldman Sachs, and HSBC were the joint
bookrunning managers for the sale.
BORROWER: NATIONAL AUSTRALIA BANK*
FIRST TRANCHE:
AMT $1.75 BLN COUPON 50 BPS/ MATURITY 7/8/2014

3-MO LIBOR
TYPE NOTES ISS PRICE 100 FIRST PAY 10/8/2009
MOODY'S Aaa YIELD N/A SETTLEMENT 7/8/2009
S&P AAA SPREAD N/A PAY FREQ QUARTERLY
FITCH AA-PLUS NON-CALLABLE
SECOND TRANCHE:
AMT $1.0 BLN COUPON 3.375 PCT MATURITY 7/8/2014
TYPE NOTES ISS PRICE 99.649 FIRST PAY 1/8/2010
MOODY'S Aaa YIELD 3.452 PCT SETTLEMENT 7/8/2009
S&P AAA SPREAD 92.4 BPS/ PAY FREQ SEMI-ANNUAL
FITCH AA-PLUS MORE THAN TREAS NON-CALLABLE
*GUARANTEED BY THE COMONWEALTH OF AUSTRALIA