On May 22, Inter-American Development Bank (IADB) (AAA/Aaa/AAA) priced an increase to its 2017 Kangaroo. The new deal is the second tap to the line since it was issued in September 2012 at a volume of A$400 million (US$391.63 million) and pricing of 80.5 basis points over Australian government bond (ACGB). The line saw its first tap in February 2013 when IADB added A$150 million at 58.5 basis points over ACGB.
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