ICO prices A$200 million increase
Spain's Instituto de Crédito Oficial (AAA/Aaa/AAA) (ICO)'s A$200 million tap to its March 2011 bonds is only the second Kangaroo deal priced in the period from September 17 to mid-October.KBN upsizes and prices three-year Kauri
On October 4 Kommunalbanken Norway (AAA/Aaa) (KBN) priced its debut Kauri deal. The transaction was upsized to NZ$275 million (US$207 million) from NZ$250 million.KBN launches three-year Kauri
On October 2 Kommunalbanken Norway (AAA/Aaa) (KBN) launched a three-year fixed rate Kauri deal via ANZ Institutional, Bank of New Zealand and RBC Capital Markets.Optimism but no resolution on AFMA's GPS120 submission
There were new developments in the GPS120 saga in mid-September. Conflicting reports of the latest development have caused some confusion in the market, particularly as none of the parties directly involved in the matter would comment.Rentenbank roadshows trans-Tasman but no deal promises
Rentenbank expects to raise a further €1 billion outside core funding markets by the end of the year. But the agency has not committed to a Kangaroo or Kauri deal in 2007.