CAF revisits Aussie Kangaroo market with seven-year trade

CAF revisits Aussie Kangaroo market with seven-year trade

Capital Markets Bonds Australia

LatAm development bank CAF raised AUD100m ($75m) in Australia's Kangaroo bond market after bookrunners welcomed more than AUD170m in orders, a CAF executive told LatinFinance on Friday. As previously reported by LatinFinance, ANZ and UBS set price guidance between 105bp and 110bp over Aussie swaps on Wednesday, before pricing the new October 2023 bond on the tight end. CAF reoffered the paper with a 3.4% coupon to yield 3.455%, or a reoffer price of 99.749. "The orderbook was kept open for the s

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial