Reuters logo
Bank of China prices A$600 mln 3 year TCD
March 1, 2012 / 7:16 AM / in 6 years

Bank of China prices A$600 mln 3 year TCD

SYDNEY, March 1 (Reuters) - Bank of China Ltd on Thursday priced a three-year A$600 million ($648 million) floating rate TCD (Transferable Certificate of Deposit).

The TCDs will pay a coupon of 170 basis points over three month swap and settle on March 13, a statement from a lead manager said.

Australia and New Zealand Banking group, Commonwealth Bank of Australia and National Australia Bank were the lead managers. Royal bank of Scotland and Westpac were co-managers ($1 = 0.9255 Australian dollars) (Reporting by Narayanan Somasundaram)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below