September opens with bond market rush

A rush of issuers hit the domestic corporate bond market last week, with ten issuers raising a total of A$3 billion. At the same time, activity resumed for September in the securitisation market and A.. read more

Moody's reviewing bank methodology

Moody's is proposing to introduce a "loss given failure" analysis into its bank rating methodology. The introduction of such an analysis recognises the global shift since the Global Financial Crisis t.. read more

Another one for the sophisticated investor

360 Capital Group advised the Australian Securities Exchange yesterday of its intention to sell A$50 million to A$75 million of five-year unrated and unlisted bonds to sophisticated investors. The bon.. read more

Resolving Australia's SIBs

Despite the trend towards introducing bank resolution regimes around the world, APRA and the Reserve Bank of Australia have said very little about how such a regime might be adopted in their jurisdict.. read more

Bendigo seeks the easy funding

Bendigo and Adelaide Bank has become the latest financial institution to tap into insatiable investor demand for hybrid securities, with the announcement of its CPS2 note issue yesterday. BEN is looki.. read more

Coffey note issue

Coffey International, a small cap geotechnical engineering company listed on the ASX, advised the market yesterday of its intention to sell A$40 million of five-year floating rate notes. read more

A hybrid note bubble?

Challenger Limited launched a A$250 million hybrid note issue yesterday. The issue was flagged in its full year results announcement last week, and follows upsizing of CBA's PERLS VII hybrid note issu.. read more