Rentenbank adds A$150 million to its 2020 Kangaroo line

Wednesday, 03 September 2014

Updated

Issuer name: Rentenbank
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: September 3 2014
Settlement date: September 10 2014
Maturity date: March 9 2020
Lead manager: Nomura

Volume: A$150 million (US$139.3 million)
Total outstanding in this line: A$1.45 billion
Coupon type: fixed
Coupon rate: 5.5%
Issue/re-offer price: 109.964% (incl. 0.015% accrued)
Issue yield: 3.495%
Margin to ACGB: 45bp/April 2020

Issuer's outstanding Kangaroo volume: A$11.55 billion
Number of Kangaroo lines: 11
Next maturity date: January 21 2015
Next maturity volume: A$1.3 billion
Previous issue date: August 29 2014
Previous issue maturity: March 9 2020
Previous issue volume: A$150 million
Previous issue margin: 45bp/ACGB