The seven year maturity was the favoured point for the domestic issuance by BBB+ to BBB− rated Australian corporates, with $ billion raised by 9 issuers across 10 bonds (Graph 9). How much of this will be sustained when we are no longer in a very low interest rate environment remains to be seen.
BIS central bankers’ speeches  9  Graph 9  Last year, the Reserve Bank began publishing more comprehensive measures of spreads and yields on Australian non-financial corporate bonds, covering points on the yield curve up to 10 years. 8 This additional information will bring greater transparency about bond market conditions faced by these issuers.