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| Author: | Leeuwen, H. |
| Title: | Australia wakes from its slumber |
| Journal: | Euromoney
1999 : MAY, 5, p. 67-73 |
| Index terms: | AUSTRALIA BOND MARKETS COMPANIES |
| Language: | eng |
| Abstract: | Money from pension funds is fuelling a boom in corporate bond issuance. But long-dated bonds and equities are lagging. In the gold rush of 19th-century Australia, it seemed as if the country was made of money: one person squatting by a river would pan some gold and within weeks an industry of prospectors had set up camp. The 1999 corporate bond market in Australia has some similarities: as if from nowhere a thriving capital market has arisen and every week a pioneering issue is made that others quickly follow. |
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