NWB launches tap to its July 2028 Kangaroo

NWB Bank (NWB) (AAA/Aaa) revealed on 14 February that it has launched a minimum A$30 million (US$23.6 million) increase to its July 2028 Kangaroo bond. Price guidance is 54 basis points area over semi-quarterly swap and 60 basis points area over Australian Commonwealth government bond, according to lead manager Nomura.