More Kangaroo volume as KfW taps 2015 to A$1 billion [UPDATED]

Offshore demand drove the A$500 million (US$440.85 million) increase to KfW Bankengruppe (KfW)'s (AAA/Aaa/AAA) 2015 Kangaroo line, with the outstanding size of the bond reaching A$1 billion after the tap. After three quiet weeks there have now been four Kangaroo transactions from three issuers in three days, with a total of A$2 billion of paper being priced since September 29.