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Time for Australia’s corporate bond market to mature

July 02, 2010  

From Aaron Pan

Rising international investor demand for the country’s fixed income products provides corporate borrowers with a golden opportunity. They should seize it, despite the challenges.

Amid turgid international sentiment in the bond markets, investors have been casting around for safe alternatives to European and US bonds. One country in particular has benefited from this panicked search: Australia.

The country’s government bonds have risen sharply this...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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