Guy Debelle is an Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets). Speaking to the Economic Society of Australia Luncheon in Canberra. The subject of the speech is “The Australian Bond Market.
Comments from the speech:
- Continued demand for Australian bonds from reserve managers
- Offshore demand for Aussie bonds remains strong
- Foreign demand for Australian RMBS ‘quite high’
- “Demand for Australian public sector debt has remained high due to Australia’s solid economic performance and high credit ratings of the public sector. The federal government is currently one of only 13 AAA-rated (by S&P) sovereigns globally, attracting continuing demand for CGS, particularly from official reserve managers. “
Full text: The Australian Bond Market
There is a following Q&A still to come.
