Record first half for Australian credit issuance
- Thursday, 01 July 2010
Despite ongoing volatility and the near shutdown of the market in May, the first half of 2010 saw record issuance in the Australian vanilla credit and Kangaroo markets. Total domestic issuance for the half year, including securitisation but excluding government and semi-government activity, reached A$51.17 billion (US$42.6 billion) – roughly in line with the pre-GFC norm.
