Late in the day on 15 March, KfW Bankengruppe (AAA/Aaa/AAA) launched a minimum A$250 million (US$193.9 million) increase to its July 2024 Kangaroo green bond. The forthcoming deal is being marketed at 12 basis points area over semi-quarterly swap, equivalent to 45.5 basis points area over Australian Commonwealth government bond. Pricing is expected on 16 March according to lead managers RBC Capital Markets and TD Securities.
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