Bank of Queensland prices A$750 mln of 2012 bonds
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SYDNEY, July 2 (Reuters) - Bank of Queensland (BOQ.AX),
Australia's seventh-biggest lender, has priced A$750 million
($604 million) of fixed and floating rate 2012 bonds, said
joint lead UBS.
The A$400 million of floating rate notes notes fetched 65 basis points over three-month BBSW. The A$350 million of fixed rate notes carried a coupon of 5.5 percent and priced at 99.724, to yield 5.59 percent. Settlement is on July 9, while the notes mature on Oct. 22, 2012.
The issue is guaranteed by the Commonwealth government and carries a rating of AAA. Lead managers were RBS, UBS and Westpac. ($1=1.241 Australian Dollar) (Reporting by Wayne Cole)
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