The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has raised an additional A$50 million for its
Kangaroo bond due August 2020 - the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology.
We are also exploring the Australian market to launch
kangaroo bond next year," he said.
Commercial Bank's proposed
Kangaroo bond is "part of its policy of diversifying funding by product size, geography, and tenor," said Group CEO Joseph Abraham.
On the new issuance front, Emirates NBD successfully priced a new AUD 450m 7-year
kangaroo bond at 4.75 per cent.
Global Banking News-January 12, 2015--Manitoba names banks for
Kangaroo bond issue
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.
Abu Dhabi: The National Bank of Abu Dhabi closed its inaugural
Kangaroo bond with a coupon rate of 5 percent and face value of AU$300 million (US$308 Million; AED1.131 Billion).
BANKING AND CREDIT NEWS-July 18, 2012--S Korean Eximbank bags AUD500m from
Kangaroo bond sale(C)2012 M2 COMMUNICATIONS http://www.m2.com
M2 EQUITYBITES-July 18, 2012--S Korean Eximbank bags AUD500m from
Kangaroo bond sale(C)2012 M2 COMMUNICATIONS http://www.m2.com
The
Kangaroo bond offer also included an AUD250m 6.75 percent fixed rate tranche yielding 6.87 percent.