ADB launches new 5.5-year Kangaroo deal
- Monday, 26 October 2020
Asian Development Bank (ADB) (AAA/Aaa/AAA) launched a new, minimum A$300 million (US$213.7 million), 5.5-year Kangaroo deal on 26 October. The forthcoming transaction has indicative price guidance of 24 basis points area over semi-quarterly swap and 20.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to lead managers Deutsche Bank, Nomura and TD Securities.
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