Basis swap volatility still high as KfW taps 2011 [UPDATED]
KfW Bankengruppe (AAA/Aaa/AAA) priced a A$200 million (US$185.22 million) increase to its August 2011 Kangaroo on April 8, bringing the total size of the line to A$600 million and its total outstanding 2011 Kangaroo paper to A$1.1 billion, despite ongoing volatility in the basis swap market.EUROFIMA reopens Roo market with 2010 tap
A quiet Kangaroo primary market reopened on April 4 as EUROFIMA (AAA/Aaa) increased its 2010 line by A$200 million (US$182.36 million), taking the total amount on issue to A$600 million.BNG ups 2010 Kauri by NZ$100 million
Bank Nederlandse Gemeenten (AAA/Aaa/AAA) (BNG) increased its 2010 Kauri bond by NZ$100 million (US$80.48 million) on March 28, bringing the total outstanding in the line to NZ$350 million.Rabo taps domestic 2011 by A$200 million
Rabobank (AAA/Aaa) has priced a A$200 million (US$182.8 million) increase to the 2011 bond issued by its local branch, Rabobank Nederland Australia. The deal, jointly lead-managed by Commonwealth Bank of Australia and Société Générale Australia, brings the total size of the line to A$700 million.