KBN adds A$25 million to December 2030 Kangaroo

Thursday, 02 July 2020

Issuer: Kommunalbanken Norway
Issuer rating: AAA/Aaa
Issue rating: as issuer
Pricing date: 2 July 2020
Settlement date: 9 July 2020
Maturity date: 30 December 2030
Lead manager: TD Securities

Volume: A$25 million (US$17.3 million)
Total outstanding in the line: A$100 million
Coupon type: fixed
Coupon rate: 1.5%
Issue/re-offer price: 100.242%
Issue yield: 1.475%
Margin to swap: 60bp/s-q
Margin to ACGB: 49.5bp/December 2030