On May 17 Asian Development Bank (ADB) (AAA/Aaa/AAA) became the latest issuer to take advantage of conducive Kangaroo issuance conditions, as the supranational priced an increase to the July 2017 bond it introduced last year. ADB plans to increase the bond's fixed-rate line, which currently has A$900 million (US$889.2 million) on issue; it also has a A$200 million floating-rate tranche.
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