Rentenbank launches increase to May 2026 Kangaroo

Late in the Sydney day on 15 August, Rentenbank (AAA/Aaa/AAA) launched a minimum A$50 million (US$33.9 million) tap of its May 2026 Kangaroo bond. The forthcoming transaction has indicative price guidance of 44 basis points area over semi-quarterly swap and 42.25 basis points area over Australian Commonwealth government bond. Pricing is expected on 16 August, according to sole lead manager Citi.