IADB to tap its 2023 Kangaroo
- Thursday, 26 April 2018
Inter-American Development Bank (IADB) (AAA/Aaa) launched a A$50 million (US$37.9 million) minimum increase to its 2023 Kangaroo bond on 26 April. Th tap, which has J.P. Morgan as lead, is being marketed at 32 basis points over semi-quarterly swap or 35 basis points over Australian Commonwealth government bond. It will price on day of launch.
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