IADB adds A$100 million to its August 2024 Kangaroo line [UPDATED]

On August 19, Inter-American Development Bank (IADB) priced the sixth increase of its existing August 2024 Kangaroo bond. According to KangaNews data, the line was introduced in February this year before being increased three times in March, then again in June and July. The most recent increase on July 29 was for a volume of A$125 million (US$116.3 million) and pricing of 55.75 basis points over Australian government bond.