(For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
SYDNEY, April 8 (Reuters) - Australia's AMP Bank, a unit of
fund manager AMP Ltd (AMP.AX), has sold A$200 million ($185
million) of one-year notes, sole lead Westpac Institutional
Bank said.
The final margin of the notes, which consisted of
negotiable certificates of deposit, was not disclosed but
preliminary pricing was indicated at around 60 basis points
over BBSW, according to an investor.
Other investors had said last week that the bank was
looking to raise a January 2010 Australian dollar issue with a
margin between 90 and 95 basis points over swap/BBSW, but the
offer did not materialise.
Westpac was also the sole lead.
AMP Bank is rated A- by S&P and A2 by Moody's.
($1=A$1.08)
(Reporting by Cecile Lefort)
