L-Bank launches increase to June 2023 Kangaroo bond
- Thursday, 31 January 2019
L-Bank (AAA/Aaa/AAA) launched an indicative A$100 million (US$72.5 million) increase to its June 2023 Kangaroo bond on 31 January. Price guidance is 48 basis points area over semi-quarterly swap or 65.5 basis points area over Australian Commonwealth government bond. Pricing is due on or before 1 February, via Commonwealth Bank of Australia, Deutsche Bank, Nomura and RBC Capital Markets.
Financial institution issuers yearbook 2018.
The first annual guide to global financial-institution issuers.
SSA Yearbook 2018
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.
investing with impact Yearbook 2018
KangaNews's latest supplement focusing on sustainability in the Australian fixed-income market.
Related news
Reverse enquiry spurs AfDB’s Kauri market return with SRI bond
African Development Bank (AfDB) made its first foray into the Kauri market in more than four years on 21 February, with a rapidly launched and priced 10-year socially responsible investment (SRI)-linked deal. The issuer and lead say the deal was made possible by reverse enquiry from Asia, and insist the theme and maturity present a positive development for the market.
Rates backdrop drives scale of demand for World Bank Kangaroo
World Bank’s latest Kangaroo deal marks its return to large mid-curve volume issuance, having been absent since September 2017. The leads and issuer say a softening global rates environment and increasingly positive market tone were key in achieving very robust volume outcome.
