BNG Bank to add at least A$25 million to its July 2027 Kangaroo
- Thursday, 08 June 2017
Late on 7 June, BNG Bank (AAA/Aaa/AA+) mandated a minimum A$25 million (US$18.9 million) tap to its July 2027 Kangaroo bond. The deal is being marketed at 70 basis points over semi-quarterly swap or 85 basis points over Australian Commonwealth government bond and is expected to price on 8 June, according to lead managers Nomura and TD Securities.
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