Improved yield sees rebound in Japanese demand for AUD
- Friday, 23 August 2013
Japanese demand for Australia dollar (AUD) issuance appears to have rebounded, which analysts and intermediaries attribute to two macro factors: relative stability between the Australian dollar and the yen, and improved yields. In addition to continued demand from life insurance investors, interest from Japanese asset managers – especially at the long end of the yield curve – has also rebounded.