KfW launches five-year Kangaroo hard on heels of five-year Kauri

Wednesday, 21 February 2018

On 21 February, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched a new five-year Kangaroo bond. The forthcoming deal is being marketed at 34 basis points area over semi-quarterly swap and 41 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to lead managers Citi, J.P. Morgan and RBC Capital Markets.