On 15 February, African Development Bank (AfDB) (AAA/Aaa) launched a minimum A$50 million (US$39.6 million) increase to its August 2028 Kangaroo bond, via Mizuho Securities and RBC Capital Markets. The forthcoming deal is being marketed at 44 basis points area over semi-quarterly swap and 50.25 basis points area over Australian Commonwealth government bond.
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