NewsWhore
05-15-2011, 04:20 PM
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Basel Ruling Slashes Size of Kangaroo Bond Sales by 50%: Australia Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEmcsB3ITSnqQme9QyQcbMTY_49GQ&url=http://www.bloomberg.com/news/2011-05-15/basel-ruling-slashes-size-of-kangaroo-bond-sales-by-50-australia-credit.html)
Bloomberg
While Australia's benchmark interest rate is the highest in the developed world, kangaroo bond issuers cut funding costs by using the currency swaps market to switch the proceeds into US dollars. The five-year Australian dollar basis swap, ...
and more » (http://news.google.com/news/more?ned=us&ncl=dgPsjah3lsyoN3M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEmcsB3ITSnqQme9QyQcbMTY_49GQ&url=http://www.bloomberg.com/news/2011-05-15/basel-ruling-slashes-size-of-kangaroo-bond-sales-by-50-australia-credit.html)
Basel Ruling Slashes Size of Kangaroo Bond Sales by 50%: Australia Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEmcsB3ITSnqQme9QyQcbMTY_49GQ&url=http://www.bloomberg.com/news/2011-05-15/basel-ruling-slashes-size-of-kangaroo-bond-sales-by-50-australia-credit.html)
Bloomberg
While Australia's benchmark interest rate is the highest in the developed world, kangaroo bond issuers cut funding costs by using the currency swaps market to switch the proceeds into US dollars. The five-year Australian dollar basis swap, ...
and more » (http://news.google.com/news/more?ned=us&ncl=dgPsjah3lsyoN3M)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEmcsB3ITSnqQme9QyQcbMTY_49GQ&url=http://www.bloomberg.com/news/2011-05-15/basel-ruling-slashes-size-of-kangaroo-bond-sales-by-50-australia-credit.html)