BNG returns to Kangaroo market with new seven-year line [UPDATED]
- Thursday, 17 February 2011
On February 18, Bank Nederlandse Gemeenten (BNG) issued a new A$200 million (US$202.3 million) seven-year Kangaroo bond in what was the borrower's first domestic market Australian dollar deal of 2011. BNG has been an infrequent visitor to the Kangaroo market since the financial crisis, with the new issue set to be just its fifth since 2006, although it is an active euro-Aussie borrower.
