ADB, Rentenbank join Kanga gang after World Bank blowout

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ADB, Rentenbank join Kanga gang after World Bank blowout

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The Asian Development Bank (ADB), Rentenbank and the World Bank rushed to the Australian dollar market this week, reviving the Kangaroo sector after more than six months of gloom and doom. Increased investor confidence in non-domestic issuers has pushed their spreads in, and encouraged borrowers to reconsider Kangaroo prints.

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