KBN launches its second Kangaroo issue of 2012 [UPDATED]

Kommunalbanken Norway (KBN) (AAA/Aaa) has priced a new five-year Kangaroo – its second issue in 2012 following a tap of its April 2021 bond on March 8. The previous deal had a volume of A$150 million (US$156.1 million) and was issued at a margin of 148.5 basis points over government or 80 basis points over swap.

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Asset allocation innovations. Corporates in focus: offshore funding and equity credit hybrids. RBNZ on the pourpose of OBR. Plus news, commentary, market analysis and deal data.