World Bank returns to Kangaroo market with dual-tranche issue [UPDATED]
- Friday, 13 September 2013
World Bank (AAA/Aaa) has priced in the Kangaroo market for the second time in less than a month, following the September 12 mandate of a transaction comprising a new five-year floating-rate note (FRN) and an increase to the supranational's outstanding November 2016 fixed-rate Kangaroo. The FRN is be World Bank's first-ever such issue in the Australian domestic market.
