Aussie credits attract bond buyers from Asia

Accounts in China are being especially targeted says Westpac, as the bank considers an alliance in the region.

Keen to match the record number of bonds issued in Australia last year, debt arrangers will be selling more paper into Asia in 2005.

While accounts in Hong Kong and Singapore are already regular buyers, investors from other countries are quickly doing their homework say local participants. Some of the instruments likely to be targeted at these new investors are straight domestic bonds, 144A notes issued by Aussie names or Australian dollar Kangaroo bonds issued by...

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