KANGAROO BONDS It is an Australian dollar-denominated bond issued by a non-Australian entity in the Australian market . It is a bond issued by the foreign entity in Australia . The Kangaroo bonds are also long term debt security issued by the non-residents in the Australian domestic market . Kangaroo bonds play the major role in non-government bond market . During 2003-2004 , with the issue of kangaroo bonds , the level of non-government bonds raised from 1 .8 billion to 15 .2 billion . Almost most...











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