IADB prints inaugural Kangaroo EYE bond
The Inter-American Development Bank (IADB) priced its inaugural Kangaroo EYE bond this week. This issue was the product of more than four years of promoting the bond programme to domestic Australian investors, said Laura Fan, principal funding officer at the IADB.
“Many of these investors were not familiar with the IADB nor did they have the IADB name approved as an eligible investment,” said Fan. “After many meetings throughout the years, the IADB name was approved by these investors.”The A$500m ($356.3m) note has been earmarked by the ...
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