Less frequent names circle as SSA Kangaroo "perfect storm" finds renewed vigour
- Friday, 01 May 2015
The relative appeal of Australian dollar product appears to have rebounded, as Kangaroo supranational, sovereign and agency (SSA) market participants cite this among a number of drivers which have spurred year-to-date volumes to their highest levels since 2011. The market's latest issuer, FMS Wertmanagement (FMS), confirms very attractive market fundamentals drove its return to Kangaroo issuance after a three-year gap.
