IFC launches October 2027 Kangaroo increase

International Finance Corporation (IFC) (AAA/Aaa) launched an indicative A$50 million (US$38.4 million) increase of its October 2027 Kangaroo bond on 10 October. Indicative price guidance on the J.P. Morgan-led deal is 43 basis points area over semi-quarterly swap and 55.5 basis points area over the April 2027 Australian Commonwealth government bond. Pricing is expected on day of launch.