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SYDNEY, April 6 (Reuters) - Commonwealth Bank of Australia
(CBA.AX), the country's third largest lender, plans to sell a
three-year senior bond at 130 basis points over the bank bill
swap rate, several investors said on Monday.
They declined to be named because they are not allowed to
speak to the press.
The issue is not guaranteed by the Australian government,
they said, unlike the vast majority of this year's bank bond
issuance.
Size of the offer is seen between A$500 million ($358
million) and A$700 million with pricing possibly later on
Monday or Tuesday, one investor said.
CBA, which is also arranging its own offer, was not
immediately available to comment.
CBA's senior bonds are rated AA by S&P and Aa1 by Moody's.
($1=1.398 Australian Dollar)
(Reporting by Cecile Lefort)
