World Bank nets A$850 million in taps to its January 2021 and October 2026 Kangaroo bonds [UPDATED]

On July 28, World Bank (AAA/Aaa) priced taps to its January 2021 and October 2026 Kangaroo bonds. According to KangaNews data, the 2021 line was introduced in January for volume of A$550 million (US$413.8 million) and pricing of 59 basis points over Australian Commonwealth government bond (ACGB). The October 2026 line was issued in April this year for volume of A$150 million. This transaction priced at 58 basis points over ACGB.