African Development Bank AfDB
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SSA Markets understands KfW is looking to issue a new five year Kangaroo line as soon as Tuesday, and that Export Development Canada (EDC) is also monitoring the market. The African Development Bank (AfDB) capitalised on the positive market tone on Monday to tap its 5.25% 2022s.
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The International Finance Corp (IFC) answered investors’ prayers on Tuesday when it sold the second largest Kangaroo bond of the year.
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The African Development Bank (AfDB) opened books on Tuesday on a Ugandan shilling bond. It is the issuer’s first entrance into a domestic capital market since it entered South Africa in 2007.
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The Inter-American Development Bank (IADB) got into the Kangaroo market early on Friday when it priced a A$200m no grow 3.75% 10 year stealth issue ahead of what is expected to be a busy week of issuance in the sector.