Australian issuance hitting records as NZ volume falls

By the end of the third quarter, combined Kangaroo and domestic credit bond issuance – excluding government-guaranteed securities – had already made 2010 a record-breaking year for the Australian bond market. At the end of September, a total of A$64.4 billion (US$ 62.2 billion) of primary market credit transactions had closed, surpassing the A$63.1 billion brought to market in full year 2006.