IFC launches minimum A$50 million increase to October 2027 Kangaroo

On 12 January, International Finance Corporation (IFC) (AAA/Aaa) launched a minimum A$50 million (US$39.4 million) increase to its October 2027 Kangaroo bond. The transaction is being marketed at 43 basis points over semi-quarterly swap and 50.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead manager HSBC.