KommuneKredit launches minimum A$50 million 10.5-year Kangaroo

On 22 January, KommuneKredit (AAA/Aaa) launched a minimum A$50 million (US$40 million), 10.5-year Kangaroo bond, via J.P. Morgan and RBC Capital Markets. Indicative price guidance is 60 basis points area over semi-quarterly swap, with pricing expected on the day of launch.