Paying off the debt

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Australia will decide early next year on the fate of its government bond market, with government officials appearing to favour paying off the remaining A$62.1 billion ($35 billion) in debt. But some bankers warn that the shutting of the bond market would have serious implications for the liquidity and transparency of the Australian financial market.

At the launch of a government consultation paper on the future of the Commonwealth government securities (CGS) market in late Octobe

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