OKB mandates Kangaroo market return
- Wednesday, 10 January 2018
Oesterreichische Kontrollbank (OKB) (AA+/Aa1) mandated a A$25 million (US$19.6 million) increase to its 2027 Kangaroo bond late in the Australian day on 9 January. The TD Securities-led tap is being marketed at 67.75 basis points over Australian Commonwealth government bond or 60 basis points over swap and is expected to price on 10 January.
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