On 21 January, Inter-American Development Bank (IADB) (AAA/Aaa/AAA) launched a new 7.5-year, A$300 million (US$232.7 million) minimum, Kangaroo transaction. Indicative price guidance for the forthcoming deal is 24 basis points area over semi-quarterly swap, equivalent to 27.75 basis points area over Australian Commonwealth government bond.
