Regulatory change could up demand for short SSA Kangas

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Regulatory change could up demand for short SSA Kangas

Proposed changes to the way liquidity coverage ratios (LCR) are calculated for foreign bank branches in Australia could free up capital and lead to an increase of SSA issuance at the short end of the Kangaroo curve, according to bankers. The proposals came alongside a burst of supranational and agency activity in the short end of the Kangaroo market.

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