Some of the world’s leading issuers from the supranational, sovereign and agency sector took part in a virtual discussion about funding conditions and issuance approaches in mid-2023. The borrowers tell KangaNews the Kangaroo market has an increasingly structural role in their funding plans despite ever-changing demand dynamics. The New Zealand market, meanwhile, is facing up to a major regulatory risk event.

NRW.BANK has opened a new social bond in the Kangaroo market. The issuer had hoped for stronger domestic investor support for the labelled bond, after undertaking two sets of investor meetings in Australia since September last year. Central banks were the main buyers – attracted to the three-year maturity, according to the issuer.

With uncertainty in global funding conditions almost certain to persist, some of the most prominent issuers in the Kangaroo and Kauri markets talk to KangaNews about their programmes and what comes next – including the ever-growing role of sustainable finance.

Key information, charts and contact details for 36 supranational, sovereign and agency (SSA) borrowers relevant to the Australian and New Zealand markets. Profiles include details on sustainable finance and overall funding strategies.

Supranational, sovereign and agency borrowers have always been funding innovators, leading the way in opening new markets and introducing new products. With the worst of the pandemic apparently passed, at least in the developed world, the sector’s attention has returned to delivering the funding needed to address the other crisis of our time – the transition to a net-zero economy.