IFC launches April 2035 Kangaroo social bond increase
- Wednesday, 20 May 2020
International Finance Corporation (AAA/Aaa) launched a minimum A$25 million (US$16.4 milion) tap to its April 2035 Kangaroo social bond on 20 May. Indicative price guidance for the forthcoming deal is 54 basis points area over semi-quarterly swap, equivalent to 39.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to ANZ.
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