The increase to International Finance Corporation (IFC)'s (AAA/Aaa) 2014 Kangaroo bond which priced on July 23 netted volume of A$500 million (US$408.95 million), bringing the total size of the line to A$1.25 billion. Pricing on the deal, which was lead managed by ANZ Banking Group and Commonwealth Bank of Australia, illustrates ongoing tightening in the Kangaroo market.

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