World Bank preparing dual-tranche Kangaroo and Kauri deal

World Bank launched its return to the Kangaroo and Kauri markets on 12 September, via ANZ, Deutsche Bank and TD Securities. The supranational is seeking a minimum of A$300 million (US$241 million) in a new September 2022 Kangaroo with an indicative margin of 33 basis points over swap or 46 basis points over Australian Commonwealth government bond.