Post-deal insights: Australian major banks benefit from US fast start but promise issuance diversity over the year

Issuers and arrangers of Australia's first major-bank benchmark issuance of 2016 say a well-established investor base across the US and Asia continues to provide appetite for Australian-origin deals. Following a heavy year of US dollar issuance from Australian banks in 2016 and with the new year off to a flying start, Australian banks are likely to continue to print substantial US dollar volume if investor preference remains unchanged – though they say issuance diversity will remain key.