DZ Bank Australian Covered Bonds Roundtable
When legislation giving Australian issuers permission to issue came into force in October, one of the last remaining pieces in the jigsaw of the global covered bond market fell belatedly into place. With the country’s banks now able to issue the equivalent of up to 8% of their Australian assets in covered bonds, the new law has paved the way for the development of a highly liquid, top quality market potentially worth more than A$150bn.
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