Covered bonds suit NAB 10 March 2014 4:16PM National Australia Bank made its covered bond debut in the domestic market last week, selling A$750 million issue of ten year covered bonds, priced at 80 basis points over swap. read more
Westpac tests instos on sub-debt demand 07 March 2014 5:08PM Westpac will become the first of the four major banks to test the appetite of institutional investors for Basel III compliant subordinated debt with a A$500 million issue. read more
Bendigo back in Euromarket 03 March 2014 4:31PM Bendigo and Adelaide Bank (rated A-) returned to the Euromarket for the first time in four years last week, with a 125 million swiss franc issue of five year bonds. read more
Weak outlook for bond supply 03 March 2014 4:30PM For the Australian debt market, February ended with whimper. This seems a strange outcome given that the corporate reporting season was such a strong one, with most companies reporting results t.. read more
Offshore debt markets suit ANZ and Westpac 24 February 2014 4:36PM ANZ New Zealand announced on Friday it would issue NZ$400 million of four year medium term notes at 90 basis points over the applicable swaps rate. read more
Westpac MTN rushed 17 February 2014 5:10PM Investors rushed the first large volume local bond issue last week. Westpac launched a benchmark, five-year issue with an indicative price of 95 basis points over swap/bank bills. read more
ANZ launches A$1 billion hybrid 12 February 2014 5:56PM ANZ launched a new additional tier-one capital issue, to be known as Capital Notes 2, yesterday. As with ANZ's A$1.1 billion Capital Notes 1 issue in August last year, the new issue is fully complia.. read more
January quiet in bond market 28 January 2014 4:37PM With issuance since the start of the year amounting to just A$4.7 billion, January 2014 is on track to be the quietest start to a year since 2007 in the domestic corporate bond market. read more
Bendigo and Adelaide's sub debt issue finds plenty of institutional support 24 January 2014 5:49PM Banking Day reported on Tuesday on a Basel III-compliant, subordinated debt issue by Bendigo and Adelaide Bank that was set to test institutional investors in the wholesale corporate bond market. Su.. read more
Corporates favoured the domestic bond market in 2013 22 January 2014 5:50PM Rising yields may have been a factor in the reduced bond issuance observed over the course of 2013 in both international and domestic markets. International bond sales were lower over the year, at t.. read more