Late-year Kangaroo flurry continues as Rentenbank taps its 2027

Thursday, 08 December 2022

Issuer name: Rentenbank
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: 8 December 2022
Settlement date: 15 December 2022
Maturity date: 23 March 2027
Lead manager: Nomura

Transaction type: senior-unsecured Kangaroo increase
Volume: A$100 million (US$67.2 million)
Total outstanding in the line: A$775 million
Coupon type: fixed
Coupon rate: 2.6%
Issue/re-offer price: 94.947% (clean)
Issue yield: 3.895%
Margin to ACGB: 78bp/April 2027