ADB adds A$450 million as record Kangaroo year gets back on track

Asian Development Bank (ADB) (AAA/Aaa/AAA) is on its way to doubling its record for Kangaroo issuance in a single year, adding A$450 million (US$412.9 million) to its February 2016 bond on March 24 to bring the total size of the line to A$850 million. On the same day, Nordic Investment Bank (NIB) (AAA/Aaa) announced the launch of its first Kangaroo of 2010 – a new five year line.