IADB's third Kangaroo of 2010 will be new 2013

Inter-American Development Bank (IADB) (AAA/Aaa/AAA) launched its third Kangaroo deal of the month on January 21, announcing that it will price a new May 2013 line in the near future. Having already issued A$900 million (US$819.9 million) in a brace of Kangaroo transactions this year – both of them increases to existing lines – IADB's new deal is likely to make it the biggest Kangaroo issuer of 2010.