Weak AUD could spur Australian USD issuance
The Australian dollar’s continued depreciation could reduce investor demand for locally denominated debt in the short-term, encouraging borrowers to tap the US dollar bond market instead.
A continued fall in the Aussie dollar could encourage issuers to access the offshore US dollar bond market for funding purposes, but the appeal of the former market is still expected to hold up in the long-run.
Since the start of the month the Australian dollar, or Aussie, has
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