Australia's emerging junk bond market

Slowly but surely a junk bond market is emerging in Australia. At a time when the failings of the wholesale corporate bond market continue to be enunciated by many and the listed corporate bond market.. read more

NAB and Westpac chase covered bond tails

Covered bonds are being put to work by banks for long-term funding after a period of inactivity. Offshore, National Australia Bank late last week sold €750 million of seven year covered bonds. read more

Aussie CDS index takes troubled turn

Closely tracking the performance of the European iTraxx credit default swap index over the first half of last year reveals that a large gap has opened up between that index and the Aussie iTraxx. read more