Kommunalbanken Norway (KBN) (AAA/Aaa) launched a capped A$50 million (US$39.8 million) increase to its July 2028 Kangaroo bond, with guidance of 60 basis points area over swap, on 17 January. Pricing will occur on the same day as launch, according to leads Daiwa Capital Markets, J.P. Morgan and TD Securities.