Matilda Bond

(redirected from Kangaroo Bond)

Matilda Bond

A foreign bond denominated in Australian dollars and traded in Australia. In order to raise capital from Australian investors, a foreign company may choose to sell a bond in Australia. A Matilda bond is also known as a kangaroo bond. See also: Bulldog bond, Samurai bond, Yankee bond.
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On the new issuance front, Emirates NBD successfully priced a new AUD 450m 7-year kangaroo bond at 4.
Global Banking News-January 12, 2015--Manitoba names banks for Kangaroo bond issue
Emirates NBD bank has doubled its 5-year Kangaroo bond size to Australian $400 million (Dh1.
National Bank of Abu Dhabi raised A$400 million ($358 million) from its second Kangaroo bond sale, paying half a percentage point less for five-year debt than it did a year ago.
NBAD has recently sold its first kangaroo bond denominated in Australian dollars, and also an Uridashi bond sold to Japanese investors.
RBC Capital Markets is ranked #1 in both the Maple and Kangaroo bond markets and in U.
Emirates NBD PJSC is planning to sell the longest-tenor Kangaroo bond from a Middle Eastern issuer.
Abu Dhabi's First Gulf Bank made its debut in the Kangaroo bond market with a 5 year bond of A$250 million.
Global Banking News-March 26, 2014--First Gulf Bank prices AUD250m Kangaroo bond
Global Banking News-March 25, 2014--First Gulf Bank appoints bankers for inaugural Kangaroo bond
The strong investor response to RBC s landmark debut in the Kangaroo covered bond market shows that high quality issuers continue to be able to raise significant amounts in the Kangaroo bond market.
The bank closed its inaugural Kangaroo bond with a coupon rate of five per cent and face value of $308 million (Dh1.