OeKB taps its “Kangaroo” Bond to the total size of 55 Million Australian Dollar

On 17th October OeKB tapped its outstanding Australian Dollar Bond („Kangaroo“) due August 2027 with a volume of 30 Million Australian Dollar (AUD). This is the first tap of this bond and brings the total size to 55 Million AUD.

The tap was priced at AUD Swap +63bp and was arranged by RBC Capital Markets. The bond has a coupon of 3.5 %. The issue carries an explicit guarantee of the Republic of Austria und is rated Aa1/AA+ by Moody’s and Standard Poor’s respectively.