FACTBOX-Australian banks' government guaranteed bond issues

SYDNEY, Jan 7 (Reuters) - Australian banks are rushing to
raise funds worldwide under a new government guarantee to help
them shore up their balance sheets amid the global financial
turmoil.

Australia's move follows similar guarantees introduced in
other countries.

Nearly US$27 billion in government-guaranteed bonds has
been raised by Australian banks since Dec. 10.

Below is a summary of the major bond issues bonds,
including investor distributions, based on information obtained
from market sources:

Australia and New Zealand Banking Group (ANZ.AX)

Issue: US$2.6 bln 144a reg S 2, 3-year

government-guaranteed bonds priced on Dec.

10, 12, 15 & 18.

The offer comprised US$1.9 bln 3-year at

100bp/swap and US$700 mln 2-yr at 70bp/Libor.

Leads: Bank of America and JPMorgan

Participants: (Before the offer was increased) 45
investors. For the 3-year tranche, 65% from

North America, 10% from Europe, 20% Asia, 10%

others. For the 2-year tranche: 40% from

North America, 20% from Europe, 40% from

Asia

Issue: 35 bln yen of five-year government-guaranteed

eurobonds at 117.5bp over U.S. Libor priced

around Dec. 18.

Lead: Daiwa

Participants: Not available

Westpac Banking Corp (WBC.AX)

Issue: US$2.4 bln 144a reg S 3-year

government-guaranteed bonds priced at 100

bp/swap on Dec 10, 15 & 18.

Leads: Bank of America, HSBC, JPMorgan and Morgan

Stanley.

Participants: (Before the offer was increased) 35
investors. 65% from North America, 20% from

Europe, 10% from Asia, 5% others.

Issue: 11.8 bln yen of five-year government

guaranteed eurobonds at 83bp over yen Libor

priced around Dec. 18.

Lead: Mitsubishi UFJ and RBS

Participants: Not available

Commonwealth Bank of Australia (CBA.AX) (CBA)

Issue: A$2.7 bln 3-, 5-year bonds sold in Australia

on Dec. 10. Offer included A$1.9 bln 5-year

fixed rate government-guaranteed bonds at

120bp/swap; A$300 mln 5-year

government-guaranteed FRN at 120bp/BBSW, and

A$500 mln 3-yr non-guaranteed bonds FRN at

160bp/BBSW.

Leads: CBA (sole)

Participants: 50-70 investors, including middle-market

buyers; 82% from Australia, 18% Asia and a

small number from Europe

63% bought by real money investors, 27% by

banks

Issue: 20 bln yen of five-year government-guaranteed

eurobonds at 80bp over yen Libor priced

around Dec. 18.

Lead: Nikko Citigroup

Participants: Not available

Issue: 300 mln swiss francs of four-year

government-guaranteed eurobonds priced on Jan.

6.

Lead: Credit Suisse

Participants: Not available

Macquarie Bank (MQG.AX)

Issue: US$2.1 bln 144a reg S 5-year bonds priced at

160bp/swap on Dec. 11 and Dec. 12.

Leads: Barclays Capital and Goldman Sachs

Participants: More than 35 investors from the U.S., Europe

and Asia. More than half placed in the U.S.

More than half placed with fund managers.

Issue: US$1.2 bln 144a reg S 13-month bonds priced

at 35bp/EDSF on Dec. 17.

Leads: Barclays Capital and Goldman Sachs

Participants: Undisclosed (private placement)

National Australia Bank (NAB.AX)

Issue: A$2.5 billion 3- and 5-yr bonds sold in

Australia on Dec. 12. Offer included A$700

mln 3-year FRN at 100bp/BBSW & A$1.8 bln

5-year at 120bp/swap.

Leads: NAB

Participants: 43 bond tickets sold, 80% in Australia, 20%

offshore, mostly Asia. A$58 mln average

ticket size.

40% bought by banks, 36% by funds, 4% by

government agencies

Issue: 15 bln yen of five-year government-guaranteed

eurobonds at around 80bp over yen Libor

priced around Dec. 18. Offer included 11 bln

yen in fixed rate notes.

Lead: Mizuho

Participants: Not available

Issue: US$555 mln of three-year
government-guaranteed eurobonds at 75bp over
U.S. Libor priced on Dec. 17.

Lead: Daiwa

Participants: Not available

Issue: US$2.5 bln of three-year
government-guaranteed 144a reg S at 85bp over
swap priced on Jan. 7.

Lead: Barclays/HSBC/Merrill Lynch/RBC

Participants: Not available

Suncorp-Metway (SUN.AX)

Issue: A$1.1 bln 3-year bonds sold in Australia at

140bp/swap on Dec. 11.

Leads: Deutsche Bank and JPMorgan

Participants: A dozen Australian investors. More than half

were real money investors, the rest banks.

Royal Bank of Scotland Plc, Australia branch (RBS.L)

Issue: A$1.085 bln 1-yr bonds sold in Australia on

Dec. 18. Offer included A$435 mln

government-guaranteed 1-yr FRN at 60bp/BBSW,

A$550 mln non-guaranteed fixed certificate of

deposit at 130bp and A$100 mln

non-guaranteed FRN at 130bp/BBSW.

Leads: Macquarie, RBS, Westpac

Participants: Not immediately available
(Reporting by Cecile Lefort)