While any issuer, including banks, will naturally search for the market where they can most efficiently raise funds, there is a need perhaps to look at factors which are impeding domestic appetite for such bonds and whether the factors are aligned to international norms / standards. E. Price Transparency 28.
The importance of high-quality and timely information on financial markets is  basic to the development of the market. Most of you will be aware that in the domestic government securities market, information about every single trade is disseminated in near-real time ensuing the highest standards of transparency.