OKB launches new 10.5-year Kangaroo deal
- Tuesday, 08 May 2018
Oesterreichische Kontrollbank (OKB) (AA+/Aa1) launched a new, 10.5-year benchmark Kangaroo transaction on 8 May. The forthcoming deal has indicative price guidance of 53 basis points area over semi-quarterly swap and 59.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead managers Deutsche Bank, RBC Capital Markets and TD Securities.
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