NWB Bank launches increase to July 2028 Kangaroo bond
- Thursday, 06 December 2018
On 6 December, NWB Bank (AAA/Aaa) launched a minimum A$60 million (US$43.5 million) increase to its July 2028 Kangaroo bond. The forthcoming deal has indicative price guidance of 47 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 manager RBC Capital Markets.
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