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Kangaroo bonds' issuance surges amid record-low yields

Published Thu, Jul 14, 2016 · 09:50 PM

Bengaluru, India

GLOBAL investors are fuelling a surge in Kangaroo bond issuance, turning to Australia in search of an alternative to record-low yields - especially after the shock of Britain's vote to leave the European Union.

Kangaroo bond issuance of US$7.2 billion in the second quarter of 2016 was 22 per cent higher over the year and the largest volume in the last five quarters, according to Thomson Reuters data.

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