By Lucas Baird
Publication Date: 2026-01-04 01:00:00
The Commonwealth Bank has topped Australia’s bond market rankings for 2025, knocking its bitter rival Westpac off the top spot as the local bond market prepares for a flurry of activity this year, driven by potential issuance from major artificial intelligence hyperscalers such as Nvidia and Meta.
According to Bloomberg’s year-end rankings, the country’s largest bank closed $31.7 billion in bonds over the past 12 months (excluding equity raises) and increased its market share by a quarter to 15.7 percent of all local activity.
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