Broadening deal flow seen as sign of maturing AUD market

Issuers on- and offshore believe the Australian dollar market continues to develop as a consistent source of funds as issuance in both the Kangaroo and domestic arenas shows signs of added diversity. Recent weeks have seen new issuer sectors returning to the Kangaroo market – with covered bond borrowers also hovering – while the corporate pipeline in the domestic market is also starting to translate into deal flow.