BNG prepares to tap its July 2028 Kangaroo bond
- Wednesday, 17 January 2018
BNG Bank (BNG) (AAA/Aaa/AA+) launched an indicative A$20 million tap of its July 2028 Kangaroo line on 17 January, via J.P. Morgan and TD Securities. The forthcoming deal is being marketed at 63 basis points over semi-quarterly swap and 69.75 basis points over Australian Commonwealth government bond, and will price on the same day as launch.
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