EDC prices first tap to May 2018 Kangaroo line [UPDATED]

Export Development Canada (EDC) (AAA/Aaa) has priced a tap to its May 2018 Kangaroo line. According to KangaNews data, the tap is the first increase of the line which was introduced on May 14 with a volume of A$400 million (US$369.1 million) and pricing of 59.75 basis points over Australian government bonds.