Asian Development Bank
The Kauri market has been supporting significantly sized deals in recent weeks, illustrated by Asian Development Bank (ADB)’s most recent foray into the market. Pricing and demand fundamentals are currently coaxing supply from offshore issuers, with domestic buyers the primary drivers of demand.
In June, ANZ and KangaNews gathered issuers and investors from across the global market at their annual roundtable discussion in London. This year’s conversation came at a pivotal moment for market direction and in the middle of an existential debate about the nature and purpose of sustainable finance.
Approaching the end of the first quarter of 2019, most Australian economists had shelved expectations of higher rates and in many cases replaced them with predictions of further cuts in the coming months. The KangaNews Debt Capital Markets Summit 2019 brought together a panel of the country’s top economic commentators to delve into the issues at play.
The future of interbank offered rates (IBORs) is under question globally. While Australia’s rate appears to stand a better chance of survival than many of its global peers, local market participants cannot afford to be complacent in a rapidly evolving environment. IBOR transition was explored in depth at the KangaNews Debt Capital Markets Summit 2019, including in a panel discussion featuring leading local and international experts.