Rentenbank launches new three-year green Kangaroo

Monday, 13 September 2021

On 13 September, Rentenbank (AAA/Aaa/AAA) launched a new three-year, green-bond, Kangaroo transaction. Indicative price guidance for the deal is 2 basis points area below semi-quarterly swap, equivalent to 40 and 15.75 basis points area over the April 2024 and November 2024 Australian Commonwealth government bonds. Pricing is expected on the day after launch, according to lead managers Nomura, RBC Capital Markets and TD Securities.