Rentenbank launches May 2029 Kangaroo increase
- Tuesday, 27 August 2019
Rentenbank (AAA/Aaa/AAA) launched a minimum A$50 million (US$33.9 million) increase to its May 2029 Kangaroo bond on 27 August. The forthcoming deal is being marketed at 44 basis points area over semi-quarterly swap, equivalent to 49.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead manager J.P. Morgan.
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