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19 Aug 2016
Australia Debt Agency: Investors concerned about Australia’s possible long-term fiscal deterioration
Headlines crossed the wires from Australia’s debt agency, via Reuters, noting the following:
Investors concerned about Australia’s possible long-term fiscal deterioration
Asia is Australia’s largest regional bond holder
Australia debt agency noted growing interest from large hedge funds
Plans lengthening yield curve with new 30-yr bond issue
Estimates that three quarters of world's top 30 FX reserves managers hold Aussie bonds
Rules out foreign currency issuance