Matilda Bond

(redirected from Kangaroo Bonds)

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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Last year, the lender raised A$300 million ($271 million) from Kangaroo bonds and sold 15-year so- called Uridashi bonds denominated in Mexican pesos to Japanese retail investors.
NBAD this year sold 15-year so-called Uridashi bonds to Japanese retail investors denominated in Mexican pesos, after selling 300 million Australian dollars ($311 million) of Kangaroo bonds.
Abu Dhabi: The National Bank of Abu Dhabi (NBAD) announced on Thursday the issuance of Kangaroo bonds with a face value of Dh1.
National Bank of Abu Dhabi (NBAD) has announced that it has issued Kangaroo bonds.
Kangaroo bonds are Australian dollar denominated bonds sold by foreign borrowers in Australia.
Extend your market knowledge by exploring the latest developments in the rise of covered bonds, risk hedging in portfolios of CDOs, insurance-linked securities, liability driven investing, Kangaroo bonds, US ABS/MBS, credit cycle and leverage levels, inflation products, Obligations Fonci[c]res, credit CPPI and many more hot topics
Summary: National Bank of Abu Dhabi, or NBAD, sold A$300 million ($308 million) of five-year Kangaroo bonds, the first Australian dollar-denominated notes by a Middle Eastern-based firm since before the global financial crisis.
05bn worth of Kangaroo bonds in a five- and ten-year transaction.
According to Bloomberg, the International Bank for Reconstruction and Development (IBRD) is looking to sell kangaroo bonds.
Kangaroo bonds refer to Australian dollar-denominated debt issued by foreign borrowers.
Goldman Sachs (NYSE: GS) has sold its first Kangaroo bonds in five years.
75 percent July 28, 2020 kangaroo bonds, Dow Jones has reported citing a lead manager.