Handelsbanken set for Aussie return

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By Frank Jackman
24 Feb 2021

Handelsbanken is set to return to the Australian dollar market for the first time in nearly two years this week, as Aussie dollar senior paper rallies thanks to the long term absence of funding from the market's major domestic banks.

“The overarching technical factor over the course of the last 12 months is the absence of senior paper from the major Australian banks, which has led to a strong credit rally in Aussie dollar senior paper,” said one London based banker at an Australian bank.

“From a relative ...

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