Commonwealth Bank of Australia (CBA) has been ranked the number one manager for both bonds and syndicated loans in Bloomberg’s 2025 Australia League Tables, underscoring its leadership in a year when Australia’s bond market came close to setting a new issuance record.
Throughout 2025, CBA supported clients to raise over A$120bn across 139 bond issuances and in excess of A$62 billion from a broad range of syndicated loan activity. This contributed to a near-record year for Australia’s bond market, with total issuance (at A$320.07 billion) approaching the all-time high of A$324.66 billion set in 2024.
In a sign of the market’s growing depth and maturity, Australia’s bond market drew increased interest from both off-shore investors and issuers, with Kangaroo bonds - debt denominated in Australian dollars but issued by foreign entities - contributing A$66.71 billion, or 21% of this year’s new issuance.
“We’ve been trusted to assist more issuers and investors in accessing Australia’s debt capital markets in 2025 than ever before. The momentum we’ve seen in 2025 – with many clients identifying Australia as a preferred market for frequent issuance alongside the US and Europe, and the continued growth in foreign participation – signals a new level of maturity in Australia’s capital markets,” said Chris McLachlan, Executive General Manager Global Markets at Commonwealth Bank. “As we look ahead to 2026, we expect to see further product development and innovation, enabling our financial system to support even greater demand and opportunity for our clients.”
“Every dollar of capital we help bring into Australia’s markets is an investment in the country’s future, funding new infrastructure, supporting businesses, and strengthening the foundations of our financial system. Strong and sustained capital inflows are essential for a dynamic and competitive economy. By deepening Australia’s capital markets and broadening the investor base, we’re enabling more efficient funding for innovation, job creation, and long-term investment—benefiting not just our clients, but the economy as a whole,” McLachlan said.
CBA’s leadership in the league tables reflects the bank’s ability to deliver for clients across the full spectrum of debt products including residential mortgage-backed securities, government, semi-government, corporate, securitisation, and private placements.
“Our franchise strength is underpinned by the breadth of our product suite and our consistent presence in every segment of the market, with our team’s capability to facilitate the flow of global capital into Australia,” McLachlan added. “Our focus remains on delivering insights, liquidity and execution excellence for our clients, no matter how the market landscape shifts in the year ahead.”
