SSAs risk missing out on fertile Kangaroo market as big redemptions loom

Supranational and agency borrowers dozing in the summer sun may miss a golden opportunity to lock in cheap duration funding if they ignore the Kangaroo market. The return of Japanese investors coupled with a bumper month for redemptions — the biggest since June 2011 — will add up to a surplus of cash looking for a home. But few issuers seem keen to take advantage, writes Nathan Collins.