World Bank prices a new 2026 Kangaroo and a tap to its January 2021 line [UPDATED]

Having launched a tap to its January 2021 Kangaroo on April 11, later the same day World Bank (AAA/Aaa/AAA) added a new, 10.5-year benchmark Kangaroo line to the bonds being offered. Both deals were priced on April 12. According to KangaNews data, the supranational introduced the 2021 line in January this year in a A$550 million (US$416 million) transaction with pricing of 42 basis points over semi-quarterly swap. The forthcoming transaction will be the first tap to the line.