Suncorp-Metway doubled to AUS$1bn ($850m) an issue of residential mortgage-backed bonds as growing demand from investors pushed down the cost to the seller to the least this year. The main class of notes totaled AUS$630m and was priced to yield 100 basis points more than the bank bill swap rate, according to a regulatory filing.
Australian Suncorp-Metway doubles size of mortgage bond sale
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