World Bank prints A$50 million Bond-i Kangaroo tap

Tuesday, 13 August 2019

Updated

Issuer: World Bank
Issuer rating: AAA/Aaa
Issue rating: as issuer
Pricing date: 13 August 2019
Settlement date: 16 August 2019
Maturity date: 28 August 2020
Lead managers: Commonwealth Bank of Australia, RBC Capital Markets, TD Securities

Volume: A$50 million (US$33.9 million)
Total outstanding in the line: A$160 million
Coupon type: fixed
Coupon rate: 2.2%
Issue/re-offer price: 101.318%
Issue yield: 0.915%
Margin to swap: 18bp/s-q
Margin to ACGB: 5bp/April 2020