KBN launches July 2028 Kangaroo tap

Wednesday, 13 March 2019

Kommunalbanken Norway (KBN) (AAA/Aaa) launched an indicative A$25 million (US$17.6 million) increase to its July 2028 Kangaroo bond on 13 March. The forthcoming deal has price guidance of 53 basis points area over semi-quarterly swap and is expected to price on the day of launch. Daiwa Capital Markets is leading.