ADB the first to launch in 2019 with five-year Kangaroo green bond

On 7 January, Asian Development Bank (ADB) (AAA/Aaa/AAA) launched a new, five-year Kangaroo green bond via Deutsche Bank, Nomura and TD Securities. The forthcoming transaction has indicative price guidance of 43 basis points area over semi-quarterly swap, equivalent to 49.75 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch.