CBA prices A$2 bln 5-year non-guaranteed offer
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SYDNEY, July 7 (Reuters) - Commonwealth Bank of Australia (CBA) on Tuesday said it had priced a A$2 billion ($1.58 billion) offer of five-year non-government guaranteed fixed and floating rate bonds at 145 basis points over swap.
The A$1.1 billion of floating rate bonds fetched 145 basis points over three-month BBSW, while the A$900 million of fixed rate notes went at 145 basis points over swap.
The fixed rate notes had a coupon of 6.5 percent and priced at 98.933, to yield 6.755 percent, or 168 basis points over the government's May 2013 bond.
The issue matures on July 14, 2014. The deal was expected to be rated AA by S&P and Aa1 by Moody's. CBA is sole lead manager on the deal. ($1=1.26 Australian Dollar) (Reporting by Wayne Cole)
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