Wednesday, December 17, 2008

Royal Bank Scotland unit to sell A$ bonds-sources

Dec 18:The Australian unit of Royal Bank
of Scotland is planning to sell an A$ bond issue
including government-guaranteed and non-government guaranteed
securities, market sources said on Thursday.

The offer is likely to include a one-year tranche of
government-guaranteed bonds at 60 basis points over swap, the
sources said.

Pricing is expected later on Thursday.

Macquarie Bank, RBS and Westpac Institutional Bank are
involved in the bond sale

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