National Australia Bank sells A$200 mln 5-year bond

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SYDNEY, April 11 (Reuters) - National Australia Bank
(NAB.AX: Quote, Profile, Research, Stock Buzz) 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)