Inter-American Development Bank (IADB) (AAA/Aaa) launched a minimum A$20 million (US$13.6 million) tap of its June 2032 Kangaroo bond on 20 August. The forthcoming deal is being marketed at 47 basis points area over semi-quarterly swap, equal to 57.95 basis points area over the June 2031 Australian Commonwealth government bond (ACGB) and 51.5 basis points area over the April 2033 ACGB.
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