Telstra Corporation (Telstra) (A/A2/A) rebuffed what appears to have been an appealing opportunity to issue globally in favour of returning to the domestic market, the issuer tells KangaNews in the wake of its first domestic deal since November 2013. Intraday execution did not negatively affect the outcome of the deal but was a necessary inclusion given the market backdrop, it adds.

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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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