Broadening Eligibility of Corporate Debt Securities as Collateral for Domestic Market Operations
A great step forward for Australian Corporates was announced yesterday. Australia’s corporate Treasury community has been working hard with bodies such as the RBA over recent times, and this announcement is a very welcome one.
The announcement advises that as a way of assisting with the smooth functioning of Australian capital markets, the Reserve Bank has broadened the range of corporate debt securities that are eligible as collateral for domestic market operations to investment grade.
Chief Executive Officer
Finance and Treasury Association