IADB launches new February 2028 Kangaroo bond

Inter-American Development Bank (IADB) (AAA/Aaa) launched a new, minimum A$100 million (US$79.1 million) February 2028 Kangaroo bond on 9 August. Initial price guidance for the deal is in the area of 45 basis points over semi-quarterly swap or 52 basis points over Australian Commonwealth government bond.