KfW prices A$450 million in a new 10.5-year Kangaroo bond [UPDATED]

On August 20, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) priced a new 10.5-year Kangaroo deal in what is the borrower's 12th Australian dollar transaction for 2014. According to KangaNews data, KfW most recently visited the market in June with a A$150 million (US$139.8 million) tap to its March 2024 line at pricing of 53.75 basis points over Australian government bond.