NRW.BANK launches July 2024 Kangaroo tap
- Tuesday, 20 August 2019
On 20 August, NRW.BANK (AA-/Aa1/AAA) launched a minimum A$100 million (US$67.8 million) tap of its July 2024 Kangaroo bond, via Deutsche Bank, J.P. Morgan and RBC Capital Markets. The forthcoming deal has indicative price guidance of 50 basis points area over semi-quarterly swap and 59.4 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch.
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