BNG Bank launches April 2029 Kangaroo increase
- Friday, 09 November 2018
BNG Bank (AAA/Aaa/AA+) launched a minimum A$25 million (US$18.1 million) tap of its April 2029 Kangaroo bond on 9 November, via ANZ. The forthcoming deal is being marketed at 52 basis points area over semi-quarterly swap, equivalent to 62.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch.
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