Pricing details for KBN and IADB Kangaroo taps
- Thursday, 25 February 2021
Issuer: Kommunalbanken Norway
Issuer rating: AAA/Aaa
Issue rating: as issuer
Pricing date: 24 February 2021
Settlement date: 3 March 2021
Maturity date: 21 November 2029
Lead manager: TD Securities
Volume: A$30 million (US$23.9 million)
Total outstanding in the line: A$295 million
Coupon type: fixed
Coupon rate: 2.4%
Issue/re-offer price: 105.441% (plus 0.676% accrued)
Issue yield: 1.725%
Margin to swap: 32bp/s-q
Margin to ACGB: 35bp/November 2029
Issuer: Inter-American Development Bank
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: 24 February 2021
Settlement date: 10 March 2021
Maturity date: 28 June 2032
Lead manager: TD Securities
Volume: A$40 million
Total outstanding in the line: A$250 million
Coupon type: fixed
Coupon rate: 3.29%
Issue/re-offer price: 113.504%
Issue yield: 1.9525%
Margin to swap: 27bp/s-q
Margin to ACGB: 25bp/May 2032
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