Asian Development Bank (ADB) (AAA/Aaa/AAA) launched a minimum A$100 million (US$77.6 million) increase to its August 2028 Kangaroo bond on 22 March. The forthcoming deal is being marketed at 41 basis points area over semi-quarterly swap, equivalent to 48.5 basis points area over Australian Commonwealth government bond.
On 22 March, Swedish Export Credit Corporation (SEK) (AA+/Aa1) launched a new, 10.5-year benchmark Kangaroo transaction via RBC Capital Markets and TD Securities. The forthcoming deal has indicative price guidance of 54 basis points area over semi-quarterly swap and 63.75 basis points over Australian Commonwealth government bond. Pricing is expected on day of launch.