ADB prints A$300 million in a new, five-year Kangaroo bond

On January 10, Asian Development Bank (ADB) (AAA/Aaa/AAA) printed A$300 million (US$221.2 million) in a new, five-year transaction. The deal priced flat to guidance of 42 basis points over semi-quarterly swap. According to KangaNews data, ADB was most recently in the Kangaroo market in September last year when it tapped its October 2026 line twice in one day for volume of A$100 million and A$50 million. Both transactions priced at 49 basis points over semi-quarterly swap.