On 26 February, International Finance Corporation (IFC) (AAA/Aaa) launched an indicative A$25 million (US$17.9 million) increase to its June 2029 Kangaroo bond. The forthcoming deal has indicative price guidance of 42 basis points area over semi-quarterly swap, equivalent to 55.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to sole lead manager Mizuho Securities.