IADB raises A$575 million in new 2019 Kangaroo [UPDATED]

Volume in the 10-year Kangaroo market reached A$1.325 billion (US$1.12 billion) within a week with the August 6 pricing of the Inter-American Development Bank (IADB)'s (AAA/Aaa/AAA) A$575 million new August 2019 maturity. The latest deal demonstrates growing demand in the long end of the curve with pricing inside the other recent 10-year from European Investment Bank (EIB) (AAA/Aaa/AAA).