Global Treasurers Fuel Record $36 Billion of Kangaroo Bond Sales
AI Summary
Global treasurers have driven issuance of Australian Kangaroo bonds to a record $36 billion, reflecting increasing interest from Asian capital in the Australian bond market. This surge in demand has contributed to competitive borrowing costs and intense pursuit of deals.
Australia’s bond market is drawing increasing interest from funding chiefs worldwide, pushing issuance to a record high, as a flood of Asian capital cap borrowing costs and compete for deals.