In its third transaction in the AUD market this month, the Inter-American Development Bank (IADB) (AAA/Aaa) priced a new three-year Kangaroo deal on October 24. The supranational issued into the Kangaroo market with a A$150 million (US$155 million) 2021 tap at 73 basis points over the May 21 ACGB on October 10, and a 2022 increase of A$175 million at 80 basis points over the July 2022 ACGB on October 19.