IADB launches October 2025 Kangaroo tap

Inter-American Development Bank (IADB) (AAA/Aaa/AAA) launched a minimum A$100 million (US$68.8 million) increase to its October 2025 Kangaroo bond on 7 November. Indicative price guidance for the forthcoming deal is 38 basis points area over semi-quarterly swap, equivalent to 49.9 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to Nomura.