On January 10, 2018, OKB tapped its outstanding AUD-Bond („Kangaroo“) due August 2027 with a volume of AUD 25 million. This is the 4th tap of this bond and brings the total size to AUD 155 Mio.

The bond has a coupon of 3.5 %. The tap was priced at AUD Swap +60bp and was placed with Japanese institutional investors via TD Securities. The issue carries an explicit guarantee of the Republic of Austria und is rated Aa1/AA+ by Moody’s and Standard Poor’s respectively.

A comprehensive overview over all OeKB bonds can be found here: