Antipodean action hots up
Agencies are taking advantage of the duration they can offer the Kangaroo market. IFC priced a A$500m ($439m) 10 year on Wednesday, and EIB will issue a new 10 year line later this week. The World Bank re-opened the Kauri market on Wednesday — the last SSA deal was in March. Will agencies get their funding done in the southern hemisphere while Europe heads to the beach? Read EuroWeek on Friday to find out more.
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