On 11th May OeKB tapped its outstanding AUD bond due August 2025 by AUD 60 mn. This 6th tap takes the outstanding bond to a total volume of AUD 450 mn.
The tap has a remaining maturity of 8 years and 3 months and was priced at AUD swap +62bp. The bond has a coupon of 3.2%.
The tap was placed with international investors, driven by a lead order of a central bank. It was arranged by Deutsche Bank.