Rentenbank's Kangaroo bond volumes reach record

The bank’s Australian dollar bond programme is due to swell to A$12 billion on the back of a favourable cross-currency swap and strong demand from Japanese life insurers.

Head of treasury Stefan Goebel said increased volumes have been made possible by a strong offshore bid

Cherie Marriott

April 03, 2014

German agricultural lender Rentenbank expects its Australian dollar bond programme to soon reach A$12 billion, cementing its position as the third-largest issuer of Kangaroo bonds behind KfW and the European Investment Bank.

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Australasia

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