KfW launches increase to May 2020 Kangaroo
- Friday, 10 August 2018
Late in the Sydney day on 9 August, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched a minimum A$150 million (US$110.7 million) tap of its August 2020 Kangaroo bond, via Deutsche Bank and TD Securities. Indicative price guidance for the deal, expected to price 10 August, is 25 basis points area over semi-quarterly swap, equivalent to 31.25 basis points area over Australian Commonwealth government bond.
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