World Bank (AAA/Aaa) has tapped its November 2031 Kangaroo bond by A$75 million (US$56.2 million), according to a December 13 announcement. The tap issue priced flat to initial price guidance of 47 basis points over semi-quarterly swap. KangaNews data reveal the line was introduced in November this year for volume of A$135 million and pricing of 47 basis points over semi-quarterly swap.
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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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