Roundtable - Growing up with relative merits
The Australian corporate bond market came of age last year. With more than A$40 billion (US$31 billion) issued, it was more than double that of the previous year. And with markets outstanding now in excess of A$115 billion, Australia ranks as one of the largest corporate bond markets globally. There are, however, challenges ahead. With A$60 billion of corporate issuance going offshore, more needs to be done by the domestic market to attract a greater share of this Australian corporate bond issuance. Three investors, three issuers and two bankers sit down with Asiamoney to discuss what needs to be done and how they will go about it.
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