HSBC Holdings Plc has been successful in raising A$1.5 billion by selling its first lot of Kangaroo bonds. In terms of dollars, it comes down to $1.35 billion.

The financial services major sold A$1 billion as five-year, fixed-rate notes and the remaining A$500 million was sold as similar-maturity floating notes, said the statement published by the bank.

The bonds would yield the investors 1.25 percentage point, said HSBC.

This is good news for the British bank which wants to increase its portfolio of Asia-Pacific investors, as it is expanding itself in the region.

After the Lehman Brothers', HSBC is second such bank which has been able to sell similar-maturity bonds. The other such case is JPMorgan Chase & Co., which has made A$1 billion by selling Kangaroo bonds.

Meanwhile, HSBC is eyeing to make a big market in the Asian region. It has already shifted its focus from US. This can be understood from the fact that bank has moved its CEO, Michael Geoghegan, from London to Hong Kong.

It has also stopped giving consumer finance in US after acquiring Household International Inc.