Kommunalbanken Norway (KBN) (AAA/Aaa) launched a A$250 million (US$193.1 million) minimum increase to its June 2026 Kangaroo bond on 22 March. Indicative price guidance for the deal is 26 basis points area over semi-quarterly swap, equivalent to 39 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to lead managers Standard Chartered and TD Securities.