Black, Susan; Kirkwood, Joshua; Rai, Alan; Williams, Thomas - Reserve Bank of Australia - 2012
This paper examines the development of Australian corporate bond issuance since the early 20th century, based on a new … unit-record dataset that we have compiled. Issuance trends have changed significantly over the past century as bond markets … entities are now able to tap the bond market; (iv) Australian corporations now raise a large share of funds offshore; and (v …