Rentenbank launches new 11-year Kangaroo bond
- Thursday, 14 June 2018
Rentenbank (AAA/Aaa/AAA) launched a new, minimum A$150 million (US$113.5 million) 11-year Kangaroo bond on 14 June. The forthcoming deal is being marketed at 42 basis points area over semi-quarterly swap, equivalent to 50.75 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead managers Deutsche Bank and Mizuho Securities.
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