On 9 November, World Bank (AAA/Aaa) launched a new dual-tranche, Kangaroo transaction, comprising a A$500 million (US$364.2 million) minimum 5.5-year tranche and a A$200 million minimum 10-year tranche. Indicative price guidance for the forthcoming deal is 20 and 34 basis points area over semi-quarterly swap, equivalent to 19.65 and 31.25 basis points area over Australian Commonwealth government bond.