3/19/2019  Bonds and Benchmarks | Speeches | RBA  Speech  Bonds and Benchmarks Christopher Kent [ * ] Assistant Governor (Financial Markets) KangaNews DCM Summit Sydney – 19 March 2019  Introduction It's wonderful to be back at the Debt Capital Markets Summit.
The past year in Australia was a bit of a mixed bag in terms of issuance of fixed income securities. Banks' issuance of bonds was high in net terms. Issuance of Residential Mortgage Backed Securities (RMBS) by the non-banks was also high. [1] However, in the second half of 2018 issuance by Australian corporations outside of the financial sector was low.