IFC launches Kangaroo social bond increase
- Wednesday, 09 January 2019
On 9 January, International Finance Corporation (IFC) (AAA/Aaa) launched a minimum A$200 million (US$143.1 million) increase to its Kangaroo social bond due March 2023. The forthcoming deal has indicative price guidance of 40 basis points area over semi-quarterly swap, equivalent to 58.5 basis points area over Australian Commonwealth government bond.
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