On July 24, Inter-American Development Bank (IADB) (AAA/Aaa/AAA) priced a new 5.5-year Kangaroo transaction. This is the 14th time the borrower has visited the Kangaroo market in 2014. IADB most recently issued on June 20 with a A$250 million (US$235.7 million) tap to its October 2018 Kangaroo, priced at 46 basis points over Australian government bond.
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