IADB launches February 2028 Kangaroo tap

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.