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KfW launches September 2026 Kangaroo increase

Thursday, 20 February 2020

On 20 February, KfW Bankengruppe (KfW) (AAA/Aaa) launched a minimum A$100 million (US$66.8 million) increase to its September 2026 Kangaroo bond. Indicative price guidance for the forthcoming deal is 40 basis points area over semi-quarterly swap, equivalent to 41.75 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to Nomura and RBC Capital Markets.

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