IADB launches October 2025 Kangaroo tap
- Thursday, 07 November 2019
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.
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