How to avoid thorny settlement issues
On November 15 2006 Dutch agency Bank Nederlandse Gemeenten (BNG) had A$500 million of Kangaroo bonds maturing. Via a hitch in the settlement process, bond investors were paid their final coupon and the principal a day late.
Rentenbank opens new line in Roo market
On January 10 Rentenbank - which has the biggest outstanding Kangaroo volume of A$5.65 billion - brought a A$300 million 6.25 per cent July 2010 deal led by ANZ Investment Bank (ANZIB) and RBC Capital Markets (RBCCM).
COE gets going early again in 2007
Council of Europe Development Bank followed its 2006 pattern of being one of the first issuers in the Kangaroo bond market, pricing a new maturity - a A$200 million 6.25 per cent January 2012 - on January 12.
A record year in 2006
The Kangaroo market experienced another record year in 2006, with a total of A$32.081 billion issued in 92 deals by a diverse range of issuers. This is a 28 per cent increase on the A$25.16 billion issued in 2005.WATC’S long road to green-bond success
The journey to green-bond issuance was a protracted one for Western Australian Treasury Corporation, as the issuer wanted state government commitments and the wider state economy to align with investor expectations before joining the market. A successful debut transaction priced in June 2023 suggests the preparatory work was more than worthwhile.