HSBC Sells A$9.3 Million of 11-Year Discount Uridashi Notes
The following uridashi bond went on sale. Uridashi bonds are debt issued in the euromarket and sold mainly to Japanese individual investors.
Issuer: HSBC Bank plc Amount: A$9.3 million Coupon: 0.50 percent of face value Issue Price: 57.80 percent of face value Duration: 11 years Sales period: Feb. 3 - Feb. 22 Settlement date: Feb. 24, 2012 Maturity: Feb. 24, 2023 Uridashi Manager: Akatsuki Securities Inc.
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