NIB launches new three-and-a-half year Kangaroo

Tuesday, 15 March 2022

Nordic Investment Bank (NIB) launched a new three-and-a-half year Kangaroo bond via Daiwa Capital Markets, RBC Capital Markets and TD Securities late on the Australian day on 14 March. The deal is being offered at benchmark size with an indicative margin of 20 basis points over semi-quarterly swap or 59 basis points over the April 2025 Australian Commonwealth government bond.