IFC to tap its 2035 Kangaroo social bond again

International Finance Corporation (IFC) launched a further increase to its 2035 maturity Kangaroo social bond on 1 June, having previously tapped this line on 20 May. The forthcoming increase is for minimum volume of A$20 million (US$13.5 million) with an indicative margin of 52 basis points over semi-quarterly swap. ANZ is leading.