On 6 April, NWB Bank (AAA/Aaa) launched an indicative A$15 million (US$11.5 million) increase to its July 2028 Kangaroo line, via Mizuho Securities. The forthcoming transaction has indicative price guidance of 53 basis points area over semi-quarterly swap and 61 basis points area over Australian Commonwealth government bond. The deal will price on the day of launch.
