AfDB tops up its June 2026 Kangaroo [UPDATED]
- Monday, 31 October 2016
On October 31, African Development Bank (AfDB) (AAA/Aaa/AAA) priced a A$30 million (US$22.8 million) increase to its June 2026 Kangaroo bond. The transaction priced flat to initial guidance of 51 basis points over semi-quarterly swap. According to KangaNews data, this line was introduced in May 2014 for volume of A$75 million. It was most recently tapped by A$25 million in September at 51 basis points over swap.
