Aussie Bank Government-Guaranteed (GG) Deals E-mail
Wednesday, 14 January 2009 14:43
The Australian government guarantee scheme came into effect on November
28 2008. Australian banks started issuing with government guarantees on
December 8 2008.

By the end of the scheme on March 31 2010 the amount of long-term debt issued by Australian banks
under the guarantee scheme amounts to the equivalent of over US$130
billion at current exchange rates.

The main currency of issuance has been USD, with over US$61.9 billion
issued. This is followed by AUD, with A$56 billion issued - predominantly
in the domestic Australian market. The third-biggest issuance currency is
Yen, with US$14.1 billion equivalent issued in the euro-yen and Samurai
bond markets.

Below is the final tally of government-guaranteed deals from Australian
banks, gleaned from KangaNews contacts as well as the Australian
government's website on guaranteed liabilities
.

 

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Last Updated on Thursday, 01 April 2010 13:54
 
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