BMO jumps into Aussie dollars with third Kangaroo covered
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BMO jumps into Aussie dollars with third Kangaroo covered

Cabei, Kangaroo, Australia, LatAm

Bank of Montreal (BMO) on Tuesday became the third Canadian covered bond issuer to take advantage of an improvement in Aussie dollar issuance conditions following a relaxation in the Reserve Bank of Australia’s repo requirements.

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