The authors wish to thank the Asian Development Bank (ADB) for providing funding to support this research and Thomson Reuters for providing fixed income data. Under the working group of ASEAN+3 Asian Bond Market Initiative (ABMI) on Local Currency Bond Issuance by Multilateral Development Banks, Foreign Government Agencies, and Multinational Corporations, ADB conducted studies on local currency bond issuance by foreign issuers in selected regional and non-regional countries. These studies were initiated by the Ministry of Finance (MOF) of the People's Republic of China (PRC) in its capacity as the chair of this working group. Excerpts of this article were presented at the ASEAN+3 Deputies Meeting in November 2004 and an updated version of the Korean study was published as Batten and Szilagyi (2007). This present article is an extension and development of these earlier ideas and is reliant upon data provided by Thomson Reuters. The opinions presented here are exclusively those of the authors and do not in any way represent those of the ADB, the MOF, PRC or any government agencies.
The Role of Foreign Bond Issuance: The Case of Australia
Version of Record online: 28 FEB 2011
©2011 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research
Australian Economic Review
Volume 44, Issue 1, pages 36–50, March 2011
How to Cite
Batten, J. A., Hogan, W. P. and Szilagyi, P. G. (2011), The Role of Foreign Bond Issuance: The Case of Australia. Australian Economic Review, 44: 36–50. doi: 10.1111/j.1467-8462.2010.00619.x
- Issue online: 28 FEB 2011
- Version of Record online: 28 FEB 2011
- First version received February 2010; , final version accepted July 2010 (Eds).
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