For the second year running, J.P. Morgan Chase (A+/Aa3/AA-) has launched the first unsecured financial institution (FI) Kangaroo deal of the year, with the bank pricing a new A$600 million (US$604.6 million) five-year transaction on March 9. The same issuer reopened the benchmark FI Kangaroo market post-crisis with a A$1 billion (US$1 billion) five-year deal priced on March 4 2010.