Market technicals support SSA Kangaroo resurgence
- Wednesday, 29 July 2015
Issuers and intermediaries predict the deluge of supranational, sovereign and agency (SSA) Kangaroo issuance is likely to continue, thanks to a range of market-altering technical factors. Uncertainty around Greece has affected not only the cross-currency basis swap but also appetite for Europe-origin credits, revealing issuance opportunities.
