Asian bank pair take Aussie trip

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By Frank Jackman
20 Oct 2020

A pair of Asian banks tapped the Australian dollar bond market for a combined A$1.25bn ($880m) on Tuesday. A number of banks have visited the Aussie market in recent weeks to great success, and more are set to follow.

“There’s been quite a flurry of Asian banks issuing into the Aussie dollar market,” said one London-based banker at an Australian bank. “We’ve seen a decent amount of flavour from financial issuers in senior format.”

Further deals could follow this recent flurry. “I think we will likely see ...

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