Bank Nederlandse Gemeenten, a regular in the Kangaroo market, has reportedly issued a new line of August 2026 bonds. The $50 million bond sale was priced at ACGB + 63.5bps and it comes just one month after the Dutch municipal bank issued $90 million worth of July 2025s. In contrast to KBN’s latest bond issue, BNG is paying a smaller margin above the Commonwealth benchmark than it has for its bond sales through 2015.