Kangaroo deal flow in benchmark volume started coming through on 8 January, when Asian Development Bank (ADB) priced a A$1 billion (US$718 million), five-year green bond. Despite ongoing headwinds for supranational, sovereign and agency (SSA) issuance in Australian dollars, the deal achieved record volume based, deal sources say, on the boost the year’s first issuer typically receives, improving technical factors and the green overlay.