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IFC launches 2031 Kangaroo increase

Monday, 11 January 2021

On 11 January, International Finance Corporation (IFC) (AAA/Aaa) launched a minimum A$50 million (US$38.9 million) increase to its February 2031 Kangaroo bond. The forthcoming deal is being marketed at 30 basis points area over semi-quarterly swap and 28.8 basis points area over Australian Commonwealth government bond. Pricing is expected in the near future, according to lead managers Nomura and TD Securities.

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