News
Three deals priced in the Australasian primary market in the week ending 4 November: two kangaroos from International Finance Corporation, including a A$150 million (US$95.3 million) tap to its February 2026 Kangaroo and a A$900 million green bond, and Bendigo and Adelaide Bank's A$450 million dual-tranche covered bond.
The Australian federal government seems likely to start sounding industry on mandatory climate reporting in the wake of November’s UN Climate Change Conference, having renewed its commitment to such a regime and directed budget funds to support its development.
Export Finance Australia’s growing funding task and natural need for US dollars led it to the 144A market for the first such public US dollar denominated transaction from an Australian government-sponsored issuer. The agency says its US dollar programme is set up for repeat issuance but it also expects to be active in the domestic market over time.