ADB prints A$350 million in new March 2025 Kangaroo bond [UPDATED]

On September 2, Asian Development Bank (ADB) (AAA/Aaa/AAA) priced a new March 2025 Australian dollar deal in the borrower's second Kangaroo transaction of 2014. According to KangaNews data, ADB most recently visited Australia in May this year with a dual-tranche, five-year transaction. That A$1 billion (US$932.9 million) fixed- and A$200 million floating-rate deal had pricing of 20 basis points over swap.