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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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Deal and ratings review, week ending 21 January 2022
Supranational, sovereign and agency, and financial-institution borrowers were again an active feature of the the Australian dollar market this week. The Kauri market also opened for 2022, Asian Development Bank kicking new issuance off with a NZ$1.2 billion (US$812 million) health bond.
Westpac’s senior return keeps good times rolling in Australian primary market
Westpac Banking Corporation’s first domestic senior-unsecured transaction since 2019 met expectations that have become increasingly positive in the wake of multiple successful deal prints at the start of the new year. Volume was at the upper side of estimates thanks to ongoing strong investor appetite for bank paper.
