International Finance Corporation (IFC) (AAA/Aaa) launched a minimum A$20 million (US$15.5 million) tap of its April 2035 Kangaroo social bond on 6 January. The forthcoming deal has indicative price guidance of 34 basis points area over semi-quarterly swap and 27 basis points area over Australian Commonwealth government bond. Nomura is leading and expects the deal to price in the near future.

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