World Bank extends Kangaroo curve with new 10-year [UPDATED]

The World Bank (AAA/Aaa/AAA) issued a new A$700 million 2020 maturity Kangaroo bond on September 21 in its third Australian market transaction of the year. This year was already a record for World Bank Kangaroo issuance, with the supranational having now priced A$3.6 billion (US$3.4 billion) in three transactions – easily surpassing its previous record of A$1.4 billion from 2009.