Covered bonds suit NAB

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

Bendigo back in Euromarket

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

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

Westpac MTN rushed

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

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

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