KfW surprises Kanga market again with chunky four year

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KfW surprises Kanga market again with chunky four year

KfW demonstrated its leading status in the Kangaroo market once again this week when it issued a A$700m tap of its 5.5% July 2016s on Wednesday — a transaction that bucked the trend for longer dated issuance that has dominated the market in the last month and one that might just set the pattern for imminent sovereign, supranational and agency supply.

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