3 / 15  BIS central bankers' speeches  The response So spreads have declined in Australia, much like the rest of the world. Is that the end of the story? Far from it. Non-government issuers have responded to these developments in a number of ways. Low spreads have made it more attractive for companies to issue fixed income securities.
This global public education program is crucial to the successful introduction of the new $ note, because a wellinformed public is our first and best line of defense against counterfeiting. It is important to understand that when this new-design $ note is issued on February 10, 2011, the approximately 6.5 billion older-design $ already in circulation will remain legal tender.