KBN launches November 2029 Kangaroo tap
- Wednesday, 15 January 2020
On 15 January, Kommunalbanken Norway (KBN) (AAA/Aaa) launched a minimum A$50 million (US$34.5 million) increase to its November 2029 Kangaroo bond. The deal is being marketed at 52 basis points area over semi-quarterly swap, equivalent to 57.05 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to J.P. Morgan.
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