UPDATE 1-Kommunalkredit bond set at 1.5 bln euros -IFR

(Adds final terms)

LONDON, April 29 (Reuters) - Kommunalkredit Austria [KKAT.UL] has set the size of a planned two-year government-guaranteed bond at 1.5 billion euros ($2 billion), IFR reported on Wednesday.

Final guidance was set at mid-swaps plus 58 basis points from initial guidance at 60 basis points area, IFR added.

Barclays Capital, BNP Paribas, Deutsche Bank, Morgan Stanley and RZB have been named to manage the deal for the Austrian nationalised lender, said IFR Markets, a Thomson Reuters online news and market analysis service. (Reporting by Natalie Harrison; Editing by Dan Lalor) ($1 = 0.7579 euro)