World Bank launches A$300 million 10.5-year Kangaroo

World Bank (AAA/Aaa) launched an indicative A$300 million (US$237.9 million) 10.5-year Kangaroo bond on 5 February. Indicative price guidance for the forthcoming transaction is 42 basis points area over semi-quarterly swap. Pricing is expected on the day after launch, via Deutsche Bank and Nomura.