Rentenbank ponders Roo strategy
The German agency has so far opened one new line and increased two transactions in 2007. With limited liquidity it can be tricky to get the balance right between reopenings and new issues.US FIs return with jumbo deals
A total of A$5.1 billion was issued by four US-based financial institutions in the first two weeks of February. This comprises 68.5 per cent of the total volume of A$7.45 billion issued in the year to February 16.
Rentenbank opens new line in Roo market
On January 10 Rentenbank - which has the biggest outstanding Kangaroo volume of A$5.65 billion - brought a A$300 million 6.25 per cent July 2010 deal led by ANZ Investment Bank (ANZIB) and RBC Capital Markets (RBCCM).
How to avoid thorny settlement issues
On November 15 2006 Dutch agency Bank Nederlandse Gemeenten (BNG) had A$500 million of Kangaroo bonds maturing. Via a hitch in the settlement process, bond investors were paid their final coupon and the principal a day late.