July 15, 2013

Australian Debt Securities and Corporate Bonds – July 2013

Australian Debt Securities and Corporate Bonds - What’s the risk? Important considerations for Investors. We bring you the second of five research reports examining the Australian corporate bond market, prepared for National Australia Bank by the Australian Centre for Financial Studies

National Australia Bank is committed to contributing to the development of the corporate bond market in Australia and believes education plays a critical role. Developing a deeper and more liquid corporate bond market in Australia will not only offer more diversity of choice to investors, but also broaden corporate funding sources and help companies facilitate their growth aspirations.

The Australian Centre for Financial Studies (ACFS) has released the second in a series of reports about the corporate bond market in Australia prepared for National Australia Bank.

The first report examined the importance of corporate bonds as an asset class for investors, and discussed the reasons they should be considered as part of a diversified investment portfolio.

The second report outlines the importance of understanding the different types of corporate bonds, the nature of risks involved and what levels of return is appropriate. Why do companies issue corporate bonds and how do the risks differ from company shares?

To find out more download the full report.