SEC NEWS
Alphabet's Kangaroo Bond Issuance to Boost AUD Demand and Support GOOGL Upside
Alphabet issues AUD 5B in Kangaroo bonds, driving AUD strength and GOOGL upside by 4% in 1 month.
- Ticker
- GOOGL
Filing analysis
Alphabet's AUD 5B Kangaroo bond issuance increases demand for AUD, strengthening the currency and lifting GOOGL by 4% in 1 month due to reduced hedging costs.
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Source: Original SEC filing
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