Commonwealth Bank Sells A$1.5 Billion of 2013 Bonds
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Commonwealth Bank of Australia, the nation’s biggest bank, sold A$1.5 billion ($1.4 billion) of bonds in its biggest domestic debt sale in more than six months.
The Sydney-based lender added A$500 million of 6.25 percent notes and A$1 billion of floating-rate securities to its existing lines of bonds due in September 2013, according to an e-mailed statement today.