Sovereign Debt

Australia extends run of large issuances with record A$25 bln bond sale

There is potential for an even bigger issue, although the government is being responsible in trying to right-size the deal, says one banker.

The Australian government this week sold a record A$25 billion ($17.7 billion) bond, continuing this year's stretch of large issuances, in a transaction that appeared to raise few eyebrows despite its large size.

¬ Haymarket Media Limited. All rights reserved.

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