Copying and distributing are prohibited without permission of KangaNews. Please contact


BNG Bank prints A$25 million April 2029 Kangaroo tap

Tuesday, 07 January 2020

Issuer: BNG Bank
Issuer rating: AAA/Aaa
Issue rating: as issuer
Pricing date: 7 January 2020
Settlement date: 14 January 2020
Maturity date: 26 April 2029
Lead manager: Mizuho Securities

Volume: A$25 million (US$17.3 million)
Total outstanding in the line: A$1.205 billion
Coupon type: fixed
Coupon rate: 3.3%
Issue/re-offer price: 113.706%
Issue yield: 1.6975%
Margin to swap: 52bp/s-q
Margin to ACGB: 49.5bp/April 2029

The content on is for information only. Please read our Terms & Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws. © BondNews Limited