NWB prints A$115 million in an increase to its September 2026 Kangaroo [UPDATED]

On October 4, NWB Bank (AAA/Aaa) priced a A$115 million (US$88.2 million) increase to its September 2026 Kangaroo bond. According to KangaNews data, NWB Bank debuted this line in February for volume of A$50 million and pricing of 77 basis points over Australian Commonwealth government bond (ACGB). The line was most recently increased by A$30 million at 79.75 basis points over ACGB in September.