News
New South Wales Treasury Corporation’s recent A$4 billion syndicated deal was the first ever dual-tranche floating-rate note transaction from a semi-government issuer. The issuer says it offered this structure to gain interest from its targeted Australian deposit-taking institution investors.
Increased appetite for green bonds and renewed engagement from a diverse range of domestic and global investors brought Queensland Treasury Corporation back to the labelled market after a year-long absence, pricing a A$3 billion (US$2.2 billion) deal on September 9.
Rentenbank joins a growing list of supranational, sovereign and agency borrowers that have printed debut Kangaroo use-of-proceeds green, social and sustainability bonds in 2021. The issuer tells KangaNews it wants the Australian dollar market to be one of its key green-funding sources.