Rentenbank, BofA, KfW leap through Kangaroo window

13 May 2004

Landwirtschaftliche Rentenbank, Bank of America and KfW Bankengruppe demonstrated the sustained investor demand for Kangaroo bonds as they launched deals this week.

After several quiet weeks, highly rated offshore borrowers have been returning over the last fortnight to take advantage of swap rates widening again.

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