IADB launches A$150 million October 2025 Kangaroo increase

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.