ADB launches 4.5-year Kangaroo gender bond

Asian Development Bank (ADB) (AAA/Aaa/AAA) launched a new A$300 million (US$231.4 million) minimum, 4.5-year, Kangaroo, gender-bond transaction on 21 April. Indicative price guidance for the deal is 17 basis points area over semi-quarterly swap, equivalent to 40.1 and 23.1 basis points area over April 2025 and November 2025 Australian Commonwealth government bonds.