NWB Bank (NWB) (AAA/Aaa) launched a minimum A$15 million (US$12 million) increase to its July 2027 Kangaroo bond on 6 September. The forthcoming tap transaction, which is due to price on the same day as launch, is being marketed in the area of 68 basis points over semi-quarterly swap or 77 basis points area over Australian Commonwealth government bond.