Kommunalbanken Norway (KBN) has priced a $40 million increase to its July 2025 line of bonds. The last issue of this line of bonds by KBN into the Kangaroo market was in December 2015 when it sold $25 million worth at ACGB +71bps. KBN is rated AAA by Standard and Poor’s and Aaa by Moody’s and despite demand for bonds from high quality issuers driving yields to multi-decade lows, this...