World Bank talks Kangaroo strategy after A$1.4 billion market return [UPDATED]
- Friday, 09 October 2009
With its annual funding requirement more than doubling since 2007/8, the World Bank (AAA/Aaa) says it could become a more consistent presence in the Kangaroo market in future. The issuer priced its first Australian market deal for over three years on October 7, taking away a total of A$1.4 billion (US$1.27 billion) in the largest ever Kangaroo from a supranational, sovereign and agency (SSA) borrower.
