The development of long-dated liquidity is a massive agenda item for the Australian debt market, as sovereign issuance soars and yield at the front end stays anchored. Local and global market participants shared views on how duration has evolved internationally and what might be in store for Australia, at a November KangaNews Debt Capital Markets Summit 2020 webinar.
Queensland Treasury Corporation added its name to the list of Australian semi-government issuers to syndicate transactions in January 2024, also adding to sustainability labelled supply ahead of its first maturity in the format. The issuer says demand was robust, including notable offshore interest.
New Zealand’s capital market faced several headwinds in 2023 but managed to navigate a course to issuance consistent with recent years. A late year regulatory update could suggest smoother sailing ahead for at least one key sector, though deal flow from 2023 provides few hints at a radical change in supply or demand patterns.
SSA Yearbook 2023
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.