Briefs: CommBank's smart watch app, new derivatives clearance, ANZ bond prices 5-year bond 10 April 2015 3:42PM Banking Day staff Briefs, Commonwealth Bank will introduce a CommBank app for smart watches, with the Android version currently in pilot and an Apple Watch version on the way. In a media release yesterday, CBA said its smart watch app would offer "everyday mobile banking essentials." This would include an ATM locator and transactional capabilities - for example, to allow cardless cash withdrawals from ATMs. GH Financials, a London-headquartered independent clearing firm for exchange-traded derivatives, has been signed up as the first clearing participant of ASX Clear (Futures), ASX's derivatives clearing house to be based outside of Australia. GHF said the fact it would be able to offer " significant improvement and a better risk management and service delivery practices, simply because we are fully active in our clients' time zones" was an attraction for them. An A$2.5 billion benchmark five-year senior unsecured TCD issue has been priced for ANZ (rated Aa2 by Moodys and AA- by S&P). The floating rate TCD has a coupon of 82 basis points over the three-month bank bill swap rate and a cash price of $100.00. The sole lead manager was ANZ. Settlement date is 17 April 2015. Fitch Ratings has affirmed Police Bank's long-term issuer default rating of BBB+. Fitch said Police Bank's ratings and 'stable' outlook reflect its solid capitalisation, funding, liquidity and stronger asset quality relative to its peers. The bank's limited franchise, small capital base and geographical asset concentration remain constraining factors to its rating. Its loan book is fully funded by customer deposits, and its utilisation of wholesale funding has remained stable at about ten per cent of total funding. Fitch expects the loan-to deposit ratio to be maintained at around 100 per cent in FY15 and FY16 and positioned favourably against its peers. The Roy Morgan Research's Business Confidence results in March, published yesterday (9 April) showed an improvement of 6.7 points (up 6.3 per cent to 112.4) from February. Despite the improvement, business confidence remains fragile as shown by considerable fluctuations over recent months and remains below both pre-federal election levels and the average for the last four years (117.6). Also out yesterday was the St George-Melbourne Institute Household Financial Conditions Index. This fell marginally, down 0.2 per cent to 128.1 from December 2014 to March 2015. The index is now 5. 2 per cent above its value a year ago.