KfW launches February 2022 Kangaroo tap

On 13 February, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched a minimum A$200 million (US$142 million) increase to its February 2022 Kangaroo bond. The forthcoming deal has indicative price guidance of 37 basis points area over semi-quarterly swap and 45.75 basis points area over Australian Commonwealth government bond. Pricing is expected in the near future, according to lead manager Nomura.