Westpac: Aussie bonds to flourish as banks bow out

Reduced bank appetite for corporate credit will prompt more Australian companies to issue in the bond markets, says Westpac’s John Chauvel.
Westpac's John Chauvel accepts an award for debt origination at FinanceAsia's recent Sydney Achievement Awards dinner
Westpac's John Chauvel accepts an award for debt origination at FinanceAsia's recent Sydney Achievement Awards dinner

Bond issuance in Australia was down 50% in January compared with the previous year but the rest of 2014 is expected to bring a solid flow of corporate bonds and securitisation, believes John Chauvel, head of debt capital markets at Australian bank Westpac.

¬ Haymarket Media Limited. All rights reserved.

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