IFC's 2014 tap nets A$550m to bring line to A$1.8 billion

On November 6 the International Finance Corporation (IFC) (AAA/Aaa) priced a A$550 million (US$504.24 million) increase to its June 2014 Kangaroo bond. The increase came to market at 79.5 basis points over the benchmark June 2014 Australian Government bond, which rate sheet data indicates equates to the region of 20 basis points over swap.