World Bank prints A$1.4 billion in biggest-ever SSA Kangaroo deal

On October 7 the World Bank (AAA/Aaa) priced A$1.4 billion (US$1.25 billion) in a five- and 10-year maturity Kangaroo deal. This is the largest volume sold in a single Kangaroo market transaction from a supranational, sovereign and agency (SSA) issuer although even the larger of the two tranches – A$800 million of 2014 bonds – remains smaller than the all-time record single maturity SSA Kangaroo, Asian Development Bank's A$1 billion five year from 1998.