Inter-American Development Bank
The specificity of Inter-American Development Bank (IADB)’s inaugural Australian dollar EYE – education, youth and employment – bond was key to its robust execution outcome, deal sources say, as local demand increases for high-quality and clearly defined use of proceeds for social-bond issuance. IADB has only previously issued public benchmark EYE bonds in US dollars.
On 11 July, Inter-American Development Bank (IADB) (AAA/Aaa/AAA) launched a minimum A$150 million (US$104.4 million) increase to its October 2025 Kangaroo bond. The forthcoming transaction is being marketed at 38 basis points area over semi-quarterly swap, equivalent to 49.9 basis points area over Australian Commonwealth government bond.
Inter-American Development Bank (IADB) (AAA/Aaa/AAA) launched a minimum A$50 million (US$34.9 million) increase to its February 2028 Kangaroo bond on 7 June, with indicative pricing of 41 basis points area over swap and 49 basis points area over Australian Commonwealth government bond. TD Securities is leading.