Thursday, June 14, 2007

JPMorgan Chase Appoints ANZ and Westpac to Sell Five-Year Kangaroo Bonds

(Bloomberg) -- JPMorgan Chase & Co., the third-largest
U.S. bank, raised A$950 million ($796 million) in its first sale of
kangaroo bonds.

The sale included A$800 million of five-year, floating-rate
debt priced at 20 basis points more than the three-month benchmark
swap rate, the bank said in an e-mailed statement today.


Read more at Bloomberg Bonds News

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