Record year for AUD domestic issuance in 2008

Despite the ongoing credit market upheaval, the first half of 2008 saw record domestic primary market activity in Australia, with the A$25.42 billion (US$24.62 billion) of new paper priced in the six months exceeding total issuance from 2007. There was also A$8.67 billion more domestic issuance than in the previous record first half, 2006.