DID YOU KNOW …
Deep and liquid debt markets
- At the end of 1999 Australia had the 10th largest debt market in the world and the second largest in the Asia Pacific (ex-Japan).
- Debt on issue in Australia at that time was close to $US260 billion. Australia’s non-government debt market ranked 7th largest in the world.
- Australia’s government securities market offers a level of liquidity that compares with the most liquid markets in the world.
Source: Axiss Australia, Executive Briefing, Australian Debt Securities Markets, September 2000