ADB launches August 2028 Kangaroo tap

Monday, 23 April 2018
Updated

On 23 April, Asian Development Bank (ADB) (AAA/Aaa/AAA) launched a minimum A$100 million (US$76 million) increase to its August 2028 Kangaroo bond, via Nomura. The forthcoming transaction is being marketed at 41 basis points area over semi-quarterly swap and 46.375 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch.