Deutsche Bank
Australian dollar securitisation issuance rebounds
Australia’s securitisation market has maintained deal volume at a level in line with outcomes from recent years despite massive upheaval to the supply and demand picture in 2020. In particular, bank issuers have been all-but absent this year. A particularly active September and October for new issuance kept annual volume robust.
AIIB times Kangaroo debut to be first issuance under its sustainable-development framework
Asian Infrastructure Investment Bank took advantage of conducive market conditions and growing Australian dollar demand for sustainable debt to print its long-awaited debut in the Kangaroo market on 28 April. The issuer says an expanded, and fully sustainable, funding programme should support regular Kangaroo issuance.
AIIB prints inaugural A$500 million sustainable-development Kangaroo
AIIB launches inaugural Kangaroo sustainable-development bond
On 27 April, Asian Infrastructure Investment Bank (AIIB) (AAA/Aaa/AAA) launched an inaugural A$300-500 million (US$233.5-389.2 million), five-year, Kangaroo, sustainable-development bond. Indicative price guidance for the deal is 21-23 basis points area over semi-quarterly swap, equivalent to 30.5-32.5 basis points area over Australian Commonwealth government bond.
AIIB planning inaugural Kangaroo sustainable-development bond
On 23 April, Asian Infrastructure Investment Bank (AIIB) (AAA/Aaa/AAA) mandated Deutsche Bank, J.P. Morgan, Nomura and Westpac Institutional Bank to arrange a global investor call on 26 April regarding a potential inaugural Australian dollar denominated, Kangaroo, sustainable-development bond.
TCV prints new A$1.6 billion September 2033 line via syndication
