BoS Australia's domestic issuance in 2009 totals A$4bn with latest deal
On October 8 Bank of Scotland Australia Branch (BoS Australia) (A+/Aa3) priced a new Australian government-guaranteed line in the domestic market. The January 13 2011 deal led by J.P. Morgan and Westpac Institutional bank totals A$1.25 billion (US$1.13 billion) and is the third transaction priced by the bank in the Australian market this year, bringing the total volume in 2009 from the issuer in this market to A$4 billion.
More Kangaroo activity coming with CEB mandate
Council of Europe Development Bank (CEB) (AAA/Aaa) has announced a mandate to increase its 2014 Kangaroo bond, with Commonwealth Bank of Australia and UBS Investment Bank to lead the transaction "in the near term subject to market conditions". CEB inaugurated the line in September this year in a A$300 million (US$267.09 million) transaction.
World Bank prints A$1.4 billion in biggest-ever SSA Kangaroo deal
On October 7 the World Bank (AAA/Aaa) priced A$1.4 billion (US$1.25 billion) in a five- and 10-year maturity Kangaroo deal. This is the largest volume sold in a single Kangaroo market transaction from a supranational, sovereign and agency (SSA) issuer although even the larger of the two tranches – A$800 million of 2014 bonds – remains smaller than the all-time record single maturity SSA Kangaroo, Asian Development Bank's A$1 billion five year from 1998.KBN readying first Kangaroo deal since 2007
Kommunalbanken Norway (KBN) (AAA/Aaa) has mandated ANZ Banking Group, RBC Capital Markets and Royal Bank of Scotland Australia to lead manage its return to the Kangaroo market. The issuer is expecting to launch a five-year deal, which will be its first primary market activity in Australia since March 2007, "in the near future, subject to market conditions".