KfW completes A$500 million January 2016 Kangaroo tap [UPDATED]

KfW Bankengruppe (KfW) (AAA/Aaa/AAA) competed the second Kangaroo transaction of the week, pricing a A$500 million (US$536 million) increase to its January 2016 fixed rate maturity on July 5. The line was introduced in January 2011 at a size of A$600 million and has now been tapped three times, with the current amount outstanding now at A$2 billion.