Offshore participation in local government funding agency bonds is increasing, Westpac says.
The bank’s economists have issued a forecast for today’s tender, which they say they expect to be successful, reflecting secondary market performance since the last tender in February, increasing offshore participation and global appetite for credit products.
There will be $10m in 2019 bonds, $40m in 2012 bonds and $65 million in 2023 bonds offered.
This is the first time the 2023 bonds will be offered...MORE»
Wednesday, April 2nd, 6:00AM
Offshore participation in local government funding agency bonds is increasing, Westpac says.MORE»
Friday, March 28th, 6:01AM
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