KfW shows improved semi pricing could offer Kangaroo opportunity
- Tuesday, 28 April 2009
On April 23 KfW Bankengruppe (KfW) (AAA/Aaa/AAA) broke the eight-month drought in the Kangaroo bond market with a A$150 million (US$108 million) increase to its January 2012 bonds, bringing the size of this line to A$1.4 billion. The tap, led by TD Securities (TD), priced at 75 basis points over mid swap.
