Lloyds TSB Said to Sell HK$7.85 Billion of Four-Year Notes

Lloyds TSB Bank Plc sold HK$7.85 billion of four-year floating rate notes, according to a person familiar with the matter.

The bonds will pay 2.7 percentage points more than the Hong Kong interbank offer rate, said the person, asking not to be identified because the details are private.

To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Andrew Monahan at amonahan@bloomberg.net

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