Non-major FIs receive strong support while investors wait for diversification
- Friday, 25 February 2011
A number of transactions from financial institutions (FIs) outside the Australian big four have hit the domestic market in the past few weeks, accompanied by reports of price tightening and large levels of oversubscription. Some market participants believe investors are simply chasing yield while waiting for more corporate issuance to emerge, but others believe there is reasonable demand for FI product in its own right.
