RBNZ reviewing SSA repo quotas as agencies hit limits
Reserve Bank of New Zealand (RBNZ) is reviewing the limits SSA issuers are given for repo purposes as agencies in particular reach or approach their maximum Kauri volumes. And with RBNZ hoping to complete its review by mid-year market sources say there are more agency borrowers ready to issue Kauris if a favourable decision is made.EUROFIMA taps 2010 Roo for second time in a week
EUROFIMA (AAA/Aaa) priced a further A$100 million (US$93.09 million) increase to its 2010 Kangaroo bond on April 11, having upped the line by A$200 million seven days previously. The total size of the bond has now reached A$700 million.
EUROFIMA reopens Roo market with 2010 tap
A quiet Kangaroo primary market reopened on April 4 as EUROFIMA (AAA/Aaa) increased its 2010 line by A$200 million (US$182.36 million), taking the total amount on issue to A$600 million.Basis swap volatility still high as KfW taps 2011 [UPDATED]
KfW Bankengruppe (AAA/Aaa/AAA) priced a A$200 million (US$185.22 million) increase to its August 2011 Kangaroo on April 8, bringing the total size of the line to A$600 million and its total outstanding 2011 Kangaroo paper to A$1.1 billion, despite ongoing volatility in the basis swap market.Rabo taps domestic 2011 by A$200 million
Rabobank (AAA/Aaa) has priced a A$200 million (US$182.8 million) increase to the 2011 bond issued by its local branch, Rabobank Nederland Australia. The deal, jointly lead-managed by Commonwealth Bank of Australia and Société Générale Australia, brings the total size of the line to A$700 million.