Kommunalbanken Norway (KBN) (AAA/Aaa) priced its first Kangaroo of 2012 on March 8, with an increase to the issuer's April 2021 bond. The line in question was introduced by KBN in a A$250 million (US$264.7 million) transaction in April last year and has previously been tapped once, in November the same year, in what was the issuer's most recent previous Australian market deal.