Rentenbank offers another run at 'Roo

By Silas Brown
24 Apr 2017

Rentenbank added a A$100m ($75.6m) tap to its March 2027 Australian dollar bonds on Monday, a line it has tapped frequently since opening it in September.

Leads Citiand Mizuho priced the bonds in line with guidance at 54bp over mid-swaps, equivalent to 72bp over the Australian government curve, to yield 3.3175%. Japanese investors drove the deal, said a Rentenbank funding official.

Rentenbank introduced the March 2027 Kangaroo line in September last ...

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