IADB prints NZ$450 million five-year Kauri
- Wednesday, 11 August 2021
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Canada delivers one-two provincial punch as Ontario shatters its Kangaroo record
Province of Ontario broke several records in its return to the Kangaroo market, the second jumbo print from a Canadian province in a matter of days. Leads are confident there is sufficient demand to attract further Canadian issuance in Australia – if pricing and secondary performance stand up.
Hits and misses for smaller SSA Kangaroos
The supranational, sovereign and agency Kangaroo market enjoyed a record start to the year for new issuance, including flow from smaller issuers. Despite ongoing structural challenges for smaller issuers in the sector, there have also been encouraging signs of issuance diversity – including opportunities to print benchmark-sized transactions.