KfW readies a tap of its March 2028 Kangaroo

KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched an increase to its A$300 million (US$238.9 million) March 2028 Kangaroo bond late Sydney time on 16 January. Indicative price guidance is 46 basis points area over semi-quarterly swap, equivalent to 49.5 basis points area over Australian Commonwealth government bond, according to lead managers Nomura and RBC Capital Markets.