World Bank’s latest Kangaroo deal made up for the borrower’s long absence from the Australian dollar market, setting a transaction volume record for Kangaroo supranational, sovereign and agency (SSA) borrowers. The issuer says the deal was made possible by a favourable readjustment in spread and the cross-currency basis.
SSA Yearbook 2023
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.
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Quantum leap for Canadian provinces as Québec smashes Kangaroo record
Investor diversity, relative value and the growing status of the Australian dollar market lined up for Province of Québec as it shattered the record volume for a Canadian province Kangaroo transaction. The A$1.35 billion, 10-year print was nearly four times larger than any previous deal from the sector – a record that had stood for a decade.