And, a timely study on bank failures 04 October 2016 5:12PM Fitch Ratings released its latest bank ratings performance study late last week, noting the links between defaults and bank failures. read more
Margins narrow in the debt capital market 26 September 2016 1:35PM Debt issues by Commonwealth Bank, Toyota Australia Finance, Bank of Tokyo-Mitsubishi and MyState Bank over the past week indicate that spreads are narrowing. read more
AMP Bank rides stirrings of RMBS interest 19 September 2016 4:04PM Mortgage-backed securities have been out of fashion this year. AMP Bank bucked the trend last week. read more
Banks the force behind offshore bond revival 19 September 2016 4:03PM Borrowing by banks from foreign investors is steaming along in 2016. Corporates are shirking this source of debt capital. read more
Secret squirrel days passing at RBNZ 12 September 2016 4:20PM Data on large exposures, bank liquidity and loan to valuation ratios at each bank may see the light of day under RBNZ plans. read more
CBA hybrid may fall foul of NZ tax reform 08 September 2016 3:58PM A change to New Zealand's tax treatment of hybrid securities would have serious implications for investors in Commonwealth Bank's PERLS VIII notes. read more
CBA round out a jumbo month in debt market 05 September 2016 4:15PM Commonwealth Bank (rated AA-) chose the end of the month to become the last of the Big Four banks to hit the US s144A market with a jumbo raising since the beginning of July. read more
Putting shareholders ahead of hybrid noteholders 01 September 2016 4:21PM New rules limiting the distributions banks can make if their common equity tier one capital ratio falls below buffer requirements could mean holders of bank hybrid notes might receive only partial dis.. read more
A real subordinated debt issue 31 August 2016 4:33PM A new type of non-financial subordinated debt instrument was shown to the market yesterday, for logistic services provider Qube Holdings Limited. read more
12-month bank funding in vogue 29 August 2016 4:30PM ANZ trots after CBA into one-year bank bond sales. These are rare. As for the spreads needing to be paid, they are a little exceptional. read more