Home / Business and Economy / Record Bond Sales Signal Australia's Global Appeal
Record Bond Sales Signal Australia's Global Appeal
29 Jan
Summary
- Australian bond sales reached a record A$50.7 billion in January.
- Non-Australian borrowers' share of issuance rose to 38% in 2026.
- Investors seek alternatives to the weakening US dollar for stability.
Australia's bond market has achieved a record A$50.7 billion in sales this January, driven by increasing global investor interest in alternatives to the weakening US dollar. This marks a significant trend of de-dollarization, with non-Australian borrowers' share of issuance climbing to 38% in early 2026, up from 29% in all of 2025.
The appeal of Australian debt lies in its stability and historically low default rates, attributed to conservative issuers. This resilience was particularly noted during recent periods of global market uncertainty.
Issuance by non-Australian entities has surged, indicating a growing diversification strategy by companies, financial institutions, and agencies looking beyond US funding sources. Australia presents a notable opportunity for such diversification.
Comparatively, Australian local debt sales in January rose 63% year-on-year, significantly outpacing growth in Asia-Pacific dollar bonds (20%) and euro issuance (18%). This performance underscores Australia's attractiveness as a relatively safer and less volatile market.
