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Global Reach. Local Expertise
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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Core offshore markets ripe for Australasian supply
The Australian dollar market has been hot at the start of 2024 but, as the H1 corporate issuance window opens, so are core global markets. Intermediaries say the euro and US dollar markets are both offering highly conducive conditions, providing Australian issuers no shortage of reasons to jet abroad sooner rather than later.
Song remains the same for financials with MUFG Sydney the latest to tap hot market
There is no sign of the receptive primary market for financial institution issuers in Australian dollars losing momentum, according to issuer and intermediaries on the latest such deal. As has been the case in many recent transactions, a strong bid out of Asia was instrumental in driving early momentum in MUFG Bank Sydney Branch’s floating-rate-only deal.
