Currency diversity could be set to grow in offshore corporate issuance
- Friday, 05 April 2013
Intermediaries ascribe the relatively measured first quarter of the year for Australian corporates in offshore markets primarily to supply rather than demand factors. In fact, with two well-subscribed euro deals already in the books some bankers believe global credit markets are sufficiently robust that 2013 might see additional diversification outside US dollar issuance by Australian names.