They will be issued at an issue price of 100.0% and bear interest at the three-month Bank Bill Swap reference rate plus 0.78% per annum (p.a.) and payable quarterly in arrear.
Oversea-Chinese Banking Corporation (OCBC) (SGX:O39
) has priced A$1 billion ($892.06 million) worth of senior floating green notes due 2026. The notes were priced under the bank’s US$30 billion ($39.95 billion) global medium-term note programme.
The notes, which are expected to be issued on May 18, will be done by the bank through its branch in Sydney and are expected to be repo (or repurchase agreement) eligible by the Reserve Bank of Australia (RBA).
