Bank of Queensland issues A$125 million Floating Rate TD

Bank of Queensland has launched a A$125 million floating rate Transferable Deposit (TD) due 5 December 2005.


The deposits are being marketed at a margin of 44-46 basis points over 3 month BBSW. The TD's will be priced on Friday 29 November for settlement on Thursday 5 December 2002.


UBS Warburg and Westpac Institutional Bank are joint lead managers on the transaction. Macquarie Bank is acting as co-manager.


Bank of Queensland is rated BBB/A2 by S&P and BBB/F2 by Fitch.



Tim Ledingham
Head of Financial Markets
Bank of Queensland
Ph: +617 3212 3366


Nicholas Geddes
Associate Director
UBS Warburg Australia Limited
Ph: +612 9324 2859


Linh Quach
Senior Associate
Westpac Institutional Bank
Ph: +612 9284 8534