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SYDNEY, April 11 (Reuters) - National Australia Bank
(NAB.AX) said on Friday it has sold A$200 million ($185
million) of five-year bonds at 122 basis points over swap.
The deal details are as follows:
Issuer: National Australia Bank
Facility: Fixed rate notes
Documentation: Australian
Amount issued: A$200 million
Maturity: Aug. 14, 2013
Set date: April 11
Coupon: 8.50%
Yield: 8.56%
Spread: +122 bps over swap
Issue price: 99.7410
Lead(s): National Australia Bank
Issuer rating: AA (S&P), Aa1 (Moody's), AA (Fitch)
($1=A$1.08)
(Reporting by Cecile Lefort)