Nomura
No obvious circuit breaker for Kangaroo SSA supply
Pricing in the Australian dollar supranational, sovereign and agency (SSA) market remains dislocated, intermediaries say, based on lack of alignment between domestic investor and offshore borrower pricing expectations. A number of factors are at play, not least among them the record support SSA borrowers are receiving in global markets.
AfDB prints A$100 million increase to January 2025 Kangaroo
Pricing details for EIB's A$150 million increase to August 2026 Kangaroo
KHFC considering Australian dollar covered bond
Dealers cast net wider for ADB’s 10-year print
A cross-section of international investors supported Asian Development Bank’s latest Kangaroo transaction, particularly in the 10-year notes. While Japanese investors participated, wider spreads attracted a more diverse book of Asia-based accounts, according to lead managers.
International bid supports CPPIB’s second benchmark Kangaroo
CPPIB Capital’s second Kangaroo transaction benefited from a strong international bid, with investors flocking to the solid yield and the issuer’s commitment to being a programmatic Australian dollar issuer. The borrower says the domestic bid was also strong as local investors continue to grow comfortable with the Canadian issuer.
