On 16 January, International Finance Corporation (IFC) (AAA/Aaa) launched a minimum A$50 million (US$34.6 million) increase to its June 2029 Kangaroo bond. Indicative price guidance for the forthcoming deal is 43 basis points area over semi-quarterly swap, equivalent to 44.75 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to joint lead managers Nomura and TD Securities.