International Finance Corporation (IFC) (AAA/Aaa) launched a minimum A$25 million (US$17.8 million) increase of its June 2029 Kangaroo bond on 22 March. The forthcoming deal is being marketed at 42 basis points area over semi-quarterly swap, equivalent to 55.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to sole lead manager Nomura.