AUSTRALIA - Selling Telstra to buy Microsoft
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Asia

AUSTRALIA - Selling Telstra to buy Microsoft

The Australian federal government is decreasing the number of bonds it issues into the market, a move that has provoked concern from the country's issuers and investors. They believe that Australia needs a strong bond market, whether it needs the funds or not. One controversial solution is that the government should continue to issue bonds, which it would then invest in securities – “selling Telstra to buy Microsoft” as it has been cynically described. Asiamoney's Fiona Haddock discussed the issue with semi-government issuers and institutional investors in Sydney. National Australia Bank acted as co-chair.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article