Offshore flow dwarfs Kangaroo counterbalance in early going
- Friday, 08 January 2010
In the absence of any domestic deal activity from local issuers, the first full week of 2010 has been dominated in the Australian market by the familiar sight of local banks' activity in the US market being only partly offset by Kangaroo flow. In total, three US deals from Australian banks netted US$5.75 billion while four Kangaroo transactions accounted for A$1.75 billion (US1.6 billion).
