On April 1, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched and priced an increase to its April 2020 Kangaroo bond. According to KangaNews data, the line was introduced in January 2015 for volume of A$750 million (US$574.3 million) and pricing of 26 basis points over semi-quarterly swap. The line was subsequently increased three times, most recently in October last year for A$300 million at 40 basis points over swap.