KfW taps A$200 million in volatile market

In highly volatile market conditions, KfW Bankengruppe (AAA/Aaa/AAA) (KfW) increased its 2012 Kangaroo bond by A$200 million (US$185 million) on November 8. Although demand was largely international, unusually high yield pickup between government bonds and triple-A securities is leading to optimism that the domestic investor base may soon return.