OKB to increase its 2027 Kangaroo

Oesterreichiscche Kontrollbank (OKB) has will increase its 2027 Kangaroo bond by a minimum of A$20 million (US$15.6 million) according to a 22 February announcement. TD Securities is leading the increase, which is being marketed at 61.75 basis points over Australian Commonwealth government bond or 56 basis points over mid-swap and is expected to price on day of launch.