Rentenbank prints A$75 million increase to its March 2027 Kangaroo

Wednesday, 05 April 2017

Updated

Issuer name: Rentenbank
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: 5 April 2017
Settlement date: 12 April 2017
Maturity date: 23 March 2027
Lead managers: Deutsche Bank, TD Securities

Volume: A$75 million (US$57.6 million)
Total outstanding in this line: A$425 million
Coupon type: fixed
Coupon rate: 2.6%
Issue/re-offer price: 93.902% (plus 0.141% accrued)
Issue yield: 3.325%
Margin to swap: 54bp/s-q
Margin to ACGB: 72.25bp/April 2027