Rentenbank launches April 2028 Kangaroo tap

Wednesday, 30 January 2019

On 30 January, Rentenbank (AAA/Aaa/AAA) launched a minimum A$50 million (US$36 million) increase to its April 2028 Kangaroo bond, via Deutsche Bank. The forthcoming deal has indicative price guidance of 45 basis points area over semi-quarterly swap, equivalent to 52.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch.