KfW to tap April 2020 Kangaroo bond

Thursday, 03 May 2018

On 3 May, KfW Bankengruppe (KfW) (AAA/Aaa/AAA) launched a A$150 million (US$112.3 million) minimum increase of its April 2020 Kangaroo line, with price guidance of 20 basis points area over semi-quarterly swap and 26.75 basis points area over Australian Commonwealth government bond. RBC Capital Markets is leading the tap, which will price on or before 4 May.