National Australia Bank
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◆ Improved tone lures local lenders in size ◆ Yankee arb possible again ◆ European trio steps up Yankee printing on Thursday
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Aussie lender’s A$5.25bn size bettered only by sovereign syndications
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Attractive funding on offer as Swedish lender prints A$1bn
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European borrowers rushed to issue deals settling in January and focusing on the short end
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European banks lead stronger than usual FIG market reopening in the US
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Deal hailed as showing leadership for Asia Pacific
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Unattractive levels in euros and dollars drive Aussie banks to fund at home
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US conditions were brighter after Memorial Day holiday
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Aussie lender ends three year absence from senior bond market in euros with green deal
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Aussie firm looks to serve existing clients in EEA
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Demand for top rated short dated covered bonds remains healthy, despite hefty supply
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Aussie firm picks derivatives sales leader Nicola Jolley to oversee new subsidiary