NWB Bank launches increase to July 2028 Kangaroo
- Friday, 17 August 2018
NWB Bank (AAA/Aaa) launched a minimum A$15 million (US$10.9 million) increase to its July 2028 Kangaroo bond on 17 August, via Nomura. Indicative price guidance for the forthcoming deal is 55 basis points area over semi-quarterly swap, equivalent to 63.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch.
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