ElectraNet’s first Australian dollar deal was a departure from its usual sources of funding—the US private placement market and bank debt. The issuer says diversification drove the decision to enter the local market and that it was rewarded with a positive buy-side response.

In August, ANZ and KangaNews hosted a roundtable to discuss the evolution of sustainable-debt product in Australia. Local investors share views on how the emergence of new security types can satisfy their burgeoning demand for more detail and greater insight into funds’ impact. Meanwhile, issuers from the corporate and bank sectors discus matching product to their own sustainability ambitions.

New Zealand Debt Management extended its maturity curve to 30 years on 14 September, placing a NZ$3 billion (US$2.1 billion) nominal bond deal primarily with offshore accounts.