BNG Bank adds A$90 million to its 2025 Kangaroo [UPDATED]

BNG Bank (AAA/Aaa/AA+) mandated and priced an increase to its July 2025 Kangaroo bond on February 12, in the first longer-dated Kangaroo transaction of the new year. BNG's deal is the sixth to launch in the high-grade Kangaroo market in 2016, but the first with tenor of more than five years.