Pricing details on KfW 2029 Kangaroo tap
- Monday, 15 April 2024
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Japanese investors stay the course on Australia and even identify safe-haven effects
In February, KangaNews and Mizuho Securities convened their annual roundtable for Japanese investors in Australian dollar fixed income, in Tokyo. While technical conditions are mixed, there continues to be robust fundamental support for Australia as an investment destination – the country even has somewhat of a safe-haven role in a challenging world.
TCorp enacts quick fire execution as market repairs
New South Wales Treasury Corporation opted for a tap of an existing line for its third syndicated outing of the calendar year. This was a strategic move the issuer says was necessary to capture as much of the offshore bid as possible after it opted to launch and price the deal intraday to reduce execution risk.