AOFM's teething troubles

The Australian Office of Financial management fell well short of its target when it held the first auction from its holding of residential mortgage-backed securities last week. read more

A new style of tier two subordinated debt

Heritage Bank (rated BBB+) issued a new style of Basel III compliant, tier two subordinated debt to institutional investors last week, and in the process has likely set a benchmark for differentiated.. read more

New Zealand remains the focus for DCM action

New Zealand was again the location of most domestic corporate bond market activity with two new issues placed, a tap of an SSA line and the listing on the NZX Debt Market of a new retail bond issue. read more

ABS market on fire

2014 was the best year for structured finance issuance in Australia since the financial crisis, and this year is shaping-up to be just as good, if not better. read more