On a range of measures — liquidity, investor base, regulation — Australia scored highly this year as a source of fixed income funding. Growing interest from new and repeat issuers, and strong investor demand suggest the Australian dollar market will continue its upward march. While diversification is a common reason for banks from outside the country to operate Kangaroo programmes, it is not the only one. Relative value is also important. In November, GlobalCapital gathered senior funding leaders from major lenders in the UK, Nordics, EU, Canada, Asia and Australia — all with varying amounts of experience in the Australian market — to discuss all of this and more.
December 11, 2024