Macquarie adopts short-term bias 04 November 2013 5:45PM "Further improvement" is needed by banks on liquidity management, in the view of the prudential regulator. Given this, it's of interest to survey disclosures from three banks during last week's prof.. read more
Sizeable maturities coming in bond market 28 October 2013 5:32PM Bond issuance has not been particularly strong over the year to date, and, with maturities for the year totalling A$72 billion, net issuance for the year could be minimal. As we near the end of Octo.. read more
Bankers extract rents on syndicated loans 22 October 2013 5:35PM A few weeks back I wrote about the increasing confidence among corporate borrowers concerning the ability of the corporate bond market to meet their term debt-funding needs. That article cited my P.. read more
Offshore debt markets suit banks 21 October 2013 5:19PM ANZ and CBA were active in international bond markets last week. ANZ returned to the Uridashi market just a month after its last visit, and CBA went to the Euromarket. read more
LCR requirement drives RMBS buying 17 October 2013 5:37PM Despite undertaking their own multi-billion dollar internal residential mortgage securitisations, banks are big buyers of their peers' RMBS issues too. This is because their own RMBS attract a great.. read more
Domestic credit markets subdued 14 October 2013 6:05PM Activity remained subdued in domestic credit markets last week. read more
Most activity in international markets 07 October 2013 5:31PM Issuance activity remains relatively subdued in the domestic corporate bond market. read more
New Zealand next to try social benefit bonds 07 October 2013 5:30PM New Zealand's Ministry of Health has been assessing the viability of social benefit bonds over the last financial year. During this time, two successful social benefit bond issues have been complete.. read more
YTD record for offshore bond issuance 30 September 2013 4:04PM Bond issuance in international markets in the last week of September ensured issuance volume for the month was the largest for the year to date. Thanks to a US$5 billion raising by BHP Billiton, tot.. read more
FOMC dampens bank bond market 23 September 2013 4:27PM Activity in the domestic corporate bond market was very quiet last week in the lead up to the US Federal Reserve's Federal Open Market Committee meeting on Wednesday, and then, subsequently, in shoc.. read more