AfDB mandates tap to its January 2025 Kangaroo bond
- Wednesday, 10 May 2017
On 10 May, African Development Bank (AfDB) (AAA/Aaa) mandated a tap to its January 2025 Kangaroo bond. The forthcoming increase will be for minimum of A$25 million (US$18.4 million) and is being marketed at 50 basis points over semi-quarterly swap or 52.75 basis points over the Australian Commonwealth government bond.
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