SSAs' turnover data sets out case for state liquidity comparison
- Friday, 04 March 2011
The liquidity of supranational, sovereign and agency (SSA) Kangaroo bonds continues to be a hot topic in the wake of the asset class's non-inclusion in the Australian Prudential Regulation Authority (APRA)'s recent determination on liquid assets. The two largest SSA Kangaroo borrowers believe the turnover in their Australian dollar paper – even during the financial crisis – is the equal of all but the highest volume-issuing semi-governments.
