Bloomberg News

KfW Prices A$250 Million of Kangaroo Bonds Maturing in May 2021

October 19, 2011

Oct. 19 (Bloomberg) -- Kreditanstalt fuer Wiederaufbau, Germany’s state-owned development bank, added A$250 million to an existing line of kangaroo bonds due in May 2021, according to an e-mailed statement from Westpac Banking Corp., which helped manage the sale.

The notes were priced to yield 91 basis points more than similar-maturity government debt, according to the statement.

To contact the reporter on this story: Sarah McDonald in Sydney at smcdonald23@bloomberg.net

To contact the editor responsible for this story: Edward Johnson at ejohnson28@bloomberg.net


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