Kanga market starts to heat up

By Frank Jackman
25 Jul 2019

As core markets in the northern hemisphere begin to cool, SSA issuers are looking towards an Australian dollar sector unaffected by the summer close.

“These are not seasonal markets, like the euro or US dollar,” said a banker away. “It’s not summer down in the Antipodes, and things will continue to tick over if the economics make sense.”

L–Bank and Bank Nederlandse Gemeenten (BNG) this week sold six and seven year taps, ...

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