
Emirates NBD <ENBD.DU>, Dubai's largest bank, sold A$700 million ($468.51 million) in "kangaroo" bonds with a 10-year maturity, a document showed on Wednesday.
The bonds offer a 3.05% coupon and were priced with a 3.115% yield, according to the document.
Kangaroo bonds are issued by non-Australian issuers in the Australian market and are denominated in Australian dollars.
Emirates NBD, rated A3 by Moody's and A+ by Fitch, hired ANZ, Emirates NBD Capital, Mizuho and Nomura to arrange the deal, which is part of Emirates NBD's A$4 billion debt issuance programme.
(Reporting by Yousef Saba; Editing by Shri Navaratnam)