The BSP which will rise here will not just be a regular government office but embodies BSP’s vision and aspirations for the country. What will rise here is a BSP complex that is greener, better, smarter, and for the people. Thank you, everyone. May we all enjoy this wonderful day! #​  2/2  BIS central bankers' speeches
With Australian Government bond yields now materially below those on US yields, the debt component of the net income deficit may decline further still. Vulnerability? Foreign debt liabilities are often regarded as a vulnerability. Should we be concerned about this? In my view, we shouldn't be. Firstly, the vast bulk of Australia's foreign debt is denominated in Australian dollars,  not foreign currency.