Kexim finds Aussie dollar interest in Taiwan

kangaroo dollar
By Morgan Davis
20 Sep 2019

The Export-Import Bank of Korea (Kexim) turned to the Taiwanese market to raise Australian dollars, after finding a receptive audience for the currency.

Last month, Korea Development Bank sold an A$700m ($475.7m) Kangaroo transaction, split between a five year floating rate bond and a fixed rate note with the same tenor. The deal was the tightest and largest Korean Kangaroo deal at the time.

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