KfW's new 2011 Roo reaches A$1 billion
The August 2011 Kangaroo bond first brought to market by KfW Bankengruppe (AAA/Aaa/AAA) (KfW) in February this year has reached a total size of A$1 billion (US$937.4 million) following a tap of A$400 million on May 14.RBNZ repo changes are positive, supras say [UPDATED]
The Kauri markets two largest supranational issuers have reacted positively to Reserve Bank of New Zealand (RBNZ)'s May 7 announcement that it is to abandon limits on the amount of paper from SSA Kauri bond issuers it will accept for repo purposes.EUROFIMA completes busy day with Roo tap [UPDATED]
On May 9, the same day the agency debuted in the Kauri market, EUROFIMA (AAA/Aaa) increased its 2010 Kangaroo bond by A$150 million (US$141.15 million). The deal, which priced at 81 basis points over the benchmark 2010 ACGB, brings the total size of EUROFIMA’s 2010 line to A$850 million.ICO back with A$200 million Roo tap [UPDATED]
Instituto de Crédito Official (AAA/Aaa/AAA) (ICO) launched and priced a A$200 million (US$187.52 million) increase to its 2012 Kangaroo bond on May 12, bringing the total outstanding in this line to A$1.2 billion.
IADB reopens Roo market after two-week lull [UPDATED]
Inter-American Development Bank (AAA/Aaa) (IADB) priced an A$150 million (US$142.08 million) increase to its 2010 Kangaroo bond on May 7 – the first Kangaroo transaction since a European Investment Bank tap on April 18.