2  BIS central bankers’ speeches  Graph 2  Another perspective on recent trends can be gained from looking at the data on the number and credit ratings of the individual bonds that have been issued domestically and offshore (Graph 3). Graph 3  BIS central bankers’ speeches  3  A number of observations stand out: 1.
The number of Australian companies issuing bonds is quite small. On average, over recent times, only around 30 bonds have been issued in the domestic market per year, with just a few more being issued in the offshore market. In terms of size, offshore issues tend to be substantially larger and they also tend to have longer maturities. 2.