World Bank nets a A$800 million increase to its January 2021 Kangaroo bond [UPDATED]
- Tuesday, 24 May 2016
World Bank (AAA/Aaa) priced a A$800 million (US$575.6 million) tap to its January 2021 Kangaroo bond on May 24. According to KangaNews data, the line was introduced in January this year for volume of A$550 million and initial pricing of 59 basis points over the May 2021 Australian Commonwealth government security (ACGS). The line was then subsequently tapped in April, for A$550 million at 56.75 basis points over ACGS.
