IADB adds A$100 million to its 2023 Kangaroo

Thursday, 26 April 2018

Issuer name: Inter-American Development Bank
Issuer rating: AAA/Aaa
Issue rating: as issuer
Pricing date: 26 April 2018
Settlement date: 11 May 2018
Maturity date: 22 May 2023
Lead manager: J.P. Morgan

Volume: A$100 million (US$75.7 million)
Total outstanding in this line: A$850 million
Coupon type: fixed
Coupon rate: 4%
Issue/re-offer price: 107.196% (inc 1.878% accrued)
Issue yield: 2.8575%
Margin to swap: 32bp/s-q
Margin to ACGB: 35bp/April 2023