On August 20, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) mandated an increase to its May 2020 Kauri line. According to KangaNews data, the line, which was also the issuer's debut Kauri transaction, was introduced in May this year at volume of A$650 million (US$429.9 million) and pricing of 22 basis points over mid-swap.

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