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Username: BobM

Rating:
Guru Stars

Asked to: Dara Madee

Date Created: 11 Jan 2016
Category 28
Tag Financial
Question What is a kangaroo bond?
Advice from Guru
Hello BobM,

A type of foreign bond that is issued in the Australian market by non-Australian firms and is denominated in Australian currency. The bond is subject to Australian laws and regulations.

Also known as a "matilda bond."

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