Australian dollar

KommuneKredit printed an A$60m ($45.7) tap of its November 2026 Kangaroo bond on Wednesday, with bankers confident more reverse enquiry-driven taps are en route.

International Financial Corporation more than doubled its initial target by tapping its July 2026 Kanga bond for A$125m ($95.5m) on Tuesday. The large size was due to an unusually wide investor base, a banker on the deal said.

BMW exceeded market expectations with an A$150m MTN on Wednesday, surprising dealers with the strength of demand it attracted.

KfW tapped a A$2.1bn 4% January 2019 bond on Wednesday for A$200m ($154.4m), as KommuneKredit reopened a A$215m 2.9% November 2026 for A$25m.

Eurofima has increased its January 2027 Kangaroo bond by A$20m ($15.4m), taking the total outstanding volume of the bond to A$95m. The smaller sized, tap to demand reopening is a growing trend in the market, said bankers.

KfW was able to price through its curve as it reopened an Australian dollar bond on Wednesday evening Australian time.

The Province of Quebec (Aa2/A+/AA-) sold an A$80m ($61m) tap of its May 2026 Kanga bond on Wednesday.

Bank of America this week returned to the Australian dollar market after a two year absence, with an A$750m ($565m) dual tranche deal.

Wells Fargo (A/A2/A-) offered two Australian dollar deals to the market this week, totalling A$1.65bn ($1.24bn).

The Treasury Corporation of Victoria on Tuesday became the first ever semi-governmental institution to issue a green bond in Australia.

The province of Quebec issued a A$75m ($57.3m) tap to its May 2026 Kangaroo bond, taking the total outstanding to A$435m.

The Treasury Corp of Victoria has mandated National Australia Bank to lead an Australian dollar green bond.