IADB prints A$300 million October 2030 Kangaroo bond
- Tuesday, 19 September 2023
Issuer name: Inter-American Development Bank
Issuer rating: Aaa/AAA
Issue rating: as issuer
Pricing date: 19 September 2023
Settlement date: 3 October 2023
Maturity date: 3 October 2030
Lead manager: J.P. Morgan, Nomura, RBC Capital Markets
Transaction type: senior-unsecured Kangaroo bond
Volume: A$300 million (US$192.9 million)
Total outstanding in the line: A$300 million
Coupon type: fixed
Coupon rate: 4.7%
Issue/re-offer price: 99.764%
Issue yield: 4.74%
Margin to swap: 50bp/s-q
Margin to ACGB: 72.5bp/May 2030
SSA Yearbook 2023
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.
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