Businesses have access to a high level of internal funding from retained earnings, and they have been able to raise funds through equity and
non-intermediated debt issuance.
Not exact matches
For non-financial corporates, total net
non-intermediated capital raisings (that is,
issuance of short and long - term
debt securities, hybrids and equities, all net of maturities / buybacks) reached record levels in the December quarter.
Larger firms have, however, maintained a fairly solid pace of
non-intermediated debt raisings, mainly through offshore bond
issuance.