Briefs: Suncorp covered bond, Aussie settlements up and Kiwibank looks at FX

  • Suncorp is making preparations for the sale of covered bonds, possibly denominated in euros, Reuters reported. The bank hired Deutsche Bank and Barclays to help with the bond sale.
  • Aussie Home Loans said mortgage settlements for the March 2012 quarter were 28 per cent higher than in March 2011. Aussie estimated that its market share of new settled loans during the period, based on Australian Bureau of Statistics' figures, increased to 4.7 per cent in February 2012, from 3.8 per cent in February 2011.
  • Kiwibank is looking to extend its limited services in the foreign exchange market. The bank has a request for proposal out for an FX pricing and risk management platform news service BusinessDesk reported. The bank eight sales dealers and three traders working on foreign exchange at present.