IADB launches tap of June 2029 Kangaroo
- Monday, 07 January 2019
On 7 January, Inter-American Development Bank (IADB) (AAA/Aaa) launched a minimum A$25 million (US$17.8 million) increase to its June 2029 Kangaroo bond. The forthcoming deal has indicative price guidance of 40 basis points area over semi-quarterly swap, equivalent to 53.75 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead manager J.P. Morgan.
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