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Australasian market activity in the second week of October was highlighted by further senior-unsecured bank issuance, World Bank's Kangaroo transaction and two deals from the New Zealand high-grade sector.
New Zealand Local Government Funding Agency has made an early return to the syndicated market, exploiting elevated offshore demand for long-dated New Zealand dollars to complete its largest-ever print.
The Reserve Bank of Australia (RBA) has embarked on an asset purchasing programme as part of its regular open market operations in support of monetary policy goals. KangaNews will provide subscribers with easy access to asset purchase data, which will be updated as the RBA makes information publicly available.