NIB prices A$300 million Kangaroo at tightest margin yet
- Wednesday, 12 August 2009
As predicted at launch earlier in the day, Nordic Investment Bank (NIB) (AAA/Aaa/AAA) completed pricing of its A$300 million (US$245.67 million) new August 2014 Kangaroo bond at the tightest margin seen in the market so far in 2009 – 36 basis points over swap or 65.5 basis points over the benchmark June 2014 Australian government bond.
