The bank guarantee one year on: A$130 billion issued E-mail
Tuesday, 08 December 2009 09:22
One year after Commonwealth Bank of Australia (CBA) (AA/Aa1/AA) launched the first Australian government guaranteed bank transaction, the sector has issued a total of around A$130 billion (US$119 billion) in nearly 400 transactions across currencies. And while the use of the guarantee has gradually declined, issuance has surpassed the equivalent of US$10 billion in every three month period.
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Last Updated on Tuesday, 08 December 2009 09:24
 

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