NIB launches A$50 million 10.5-year Kangaroo

Nordic Investment Bank (NIB) (AAA/Aaa) launched a new, minimum A$50 million (US$39.4 million) 10.5-year Kangaroo bond on 21 February, via Citi and TD Securities. Indicative price guidance for the forthcoming transaction is 43 basis points area over semi-quarterly swap. The deal will price on the day of launch.