MuniFin launches July 2027 Kangaroo tap

Municipality Finance (MuniFin) (AA+/Aa1) launched a minimum A$20 million (US$15.6 million) increase to its July 2027 Kangaroo bond on 10 January, via Daiwa Capital Markets. Indicative price guidance for the forthcoming transaction is 58 basis points area over semi-quarterly swap. Pricing is expected on the day of launch.