No imminent issuance slowdown predicted as year end approaches

Issuance across the corporate and securitisation markets continued in the past week with the pricing of a pair of corporate deals and more than A$1 billion (US$997.7 million) of securitised paper, with another innovative residential mortgage-backed securities (RMBS) deal launching. Market participants note that Kangaroo deal flow is limited, but they expect consistent domestic issuance to continue as borrowers take advantage of favourable conditions that may not last into 2011.