Record breaking Q3 as 2009 passes all-time issuance levels

With the government guarantee still boosting funding, the third quarter of 2009 saw the greatest ever volume of domestic issuance in the Australian bond market. The A$25.73 billion (US$22.64 billion) priced by non-government domestic issuers surpassed Q1's figure of A$24.1 billion and nearly doubled the level of activity seen in any three-month period prior to this year.