Returning investor sector features as SSA Kangaroo market kicks off 2015 at pace

The Australian dollar market opened for business at the earliest opportunity in 2015 as a supportive basis swap facilitated a swathe of Kangaroo deals from supranational, sovereign and agency (SSA) borrowers. A marked upsurge in interest in SSA Kangaroos from a notable investor sector leads market participants to ponder the extent to which SSAs could substitute for potentially lower supply in other high-grade asset classes in 2015.