ADB adds A$350 million to its 2022 Kangaroo

Asian Development Bank (ADB) (AAA/Aaa/AAA) priced a tao to its January 2022 Kangaroo bond on 14 February. The transaction was upsized from A$200 million (US$153.3 million) minimum volume and priced in line with guidance of 40 basis points over semi-quarterly swap.