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HSBC Touts Kangaroo Bonds as Banks Look Down Under: Arab Credit
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 Holdings Plc. Three regional lenders including National Bank of Abu Dhabi PJSC sold A$1.05 billion ($984 million) of debt this year, known as Kangaroo bonds,…
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Click here to read the full story: Bloomberg