Offshore names continue to eye Aussie covered bonds as Dexia visits
- Thursday, 02 December 2010
Dexia is in the process of updating Australian investors during the borrower's first visit to Australia since 2005, with the firm saying it hopes to be able to transact in the market in 2011. Dexia has previously sold triple-A rated Kangaroo covered bonds via its Dexia Municipal Agency (Dexia MA) entity, with A$1.52 billion (US$1.47 billion) of that paper currently outstanding in five maturities.
