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More kangaroo bond deals from Middle East banks in pipeline, says HSBC
Middle East borrowers are increasingly weighing Australian-dollar bonds as they seek to tap one of the world’s biggest sources of pension funds, according to HSBC. Three regional lenders including National Bank of Abu Dhabi sold A$1.05 billion (Dh3.61bn) of debt this year, known as Kangaroo bonds, compared with two sales…
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Click here to read the full story: The National