Australian domestic credit market close to record issuance drought
- Tuesday, 13 September 2011
Three more days without domestic credit issuance will see the Australian bond market surpass its longest deal flow drought of the crisis era. No new transactions have priced – outside the semi-government, and supranational, sovereign and agency (SSA) Kangaroo sectors – in Australia since July 22 this year and aggregate annual volume has fallen behind record levels for the first time in 2011.