BNG Bank prices A$50 million increase to its 2025 Kangaroo bond [UPDATED]

BNG Bank launched and priced another increase to its July 2025 Kangaroo on May 29. According to KangaNews data, the line was introduced on January 7 this year at volume of A$150 million (US$114.8 million) and pricing of 81 basis points over Australian government bond (ACGB). The line has since been tapped several times – most recently by A$50 million on April 28 and with pricing of 69.5 basis points over ACGB.