Asian Development Bank (ADB) (AAA/Aaa) priced a tap to its January 2020 Kangaroo bond on July 31. According to KangaNews data, the line was introduced as part of a dual-tranche five- and 10-year transaction that was launched in January this year. The A$700 million (US$510.6 million) five-year bond had pricing of 44 basis points over Australian government bond.