New SSA Kangaroo deals help maintain market consistency

Friday, 08 November 2013

Updated

Two new deals from KfW Bankengruppe (KfW) and Inter-American Development Bank (IADB) priced this week, joining a recent run of supranational, sovereign and agency (SSA) Kangaroo issuance. Market participants say strong demand and a conducive basis swap is keeping deal flow steady, although lower funding requirements and repeat issuance from a number of borrowers will likely keep volume moderate for the rest of 2013.

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