On 9 September, Asian Development Bank (ADB) (AAA/Aaa/AAA) launched a new 10.5-year, Kangaroo green bond. Indicative price guidance for the forthcoming deal, which is expected to price on the day after launch, is 43 basis points area over semi-quarterly swap, equivalent to 54.25 basis points area over Australian Commonwealth government bond. Deutsche Bank, Mizuho Securities and RBC Capital Markets are leading.
