All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
SSA

BNG braves volatility with new Kangaroo

Bank Nederlandse Gemeenten (BNG) sold a new Kangaroo bond on Wednesday, challenging investor nervousness about European borrowers. While the issuer started off by making concessions on its minimum targeted size, Japanese investors buoyed by a strengthening yen were keen to buy the paper.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree