sign up log in
Want to go ad-free? Find out how, here.

Big banks make good use of favourable wholesale funding conditions

Bonds
Big banks make good use of favourable wholesale funding conditions
<a href="http://www.shutterstock.com/">Image sourced from Shutterstock.com</a>

By Gareth Vaughan

Australasia's big four banks raised A$23 billion (about NZ$25.3 billion) of term wholesale debt funding during the third quarter, taking their combined total term debt funding for the first nine months of 2014 to A$117.4 billion, analysis from JP Morgan shows.

This is an abridged version of this article. The full version was published in our email for paying subscribers. See here for more details and how to subscribe.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.