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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References in periodicals archive ?
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-based securities issued by foreign entities in Australia.
Kangaroo bonds are Australian dollar denominated bonds sold by foreign borrowers in Australia.
The bank has raised close to AUD500m from the sale of its first kangaroo bonds.
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.
ADB last sold kangaroo bonds -- Australian dollar-based debt issued in Australia by foreign entities -- in May 2011, showed Bloomberg data.
05bn worth of Kangaroo bonds in a five- and ten-year transaction.
IBRD last issued kangaroo bonds, or Australian dollar-based securities sold in Australia by foreign investors, in January 2011, according to Bloomberg data.