Rentenbank launches January 2025 Kangaroo tap
- Thursday, 07 May 2020
Late in the Sydney day on 6 May, Rentenbank (AAA/Aaa/AAA) launched a minimum A$100 million (US$64 million) increase to its January 2025 Kangaroo bond. The forthcoming deal has indicative price guidance of 50 basis points area over semi-quarterly swap and 45.75 basis points area over Australian Commonwealth government bond. Pricing is expected on 7 May, according to lead managers J.P. Morgan and TD Securities.
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