Structured debt volume set to ease 17 June 2013 5:01PM While financial market ructions have brought corporate bond issuance to a standstill in recent weeks, there has been a steady flow of structured finance deals. read more
Moody's moves to implement new bank rating criteria 04 June 2013 4:36PM Moody's Investors Service announced yesterday that it has placed the ratings on the subordinated debt of eight Australian banks on review for a possible downgrade. read more
NAB issues first renminbi term funding 03 June 2013 5:07PM National Australia Bank priced its first renminbi term funding on Friday. The bank issued RMB400 million of two-year senior unsecured notes. read more
Banks persist with expensive covered bonds 03 June 2013 5:06PM After an initial burst of covered bond issuance in the domestic market between January and March last year, the major banks have not returned, but they have persisted with covered bond issuance in i.. read more
Genesis first to pull hybrid 03 June 2013 5:05PM Genesis Energy has become the first Australasian company to announce a restructure of its hybrid securities, following changes made by Standard & Poor's to its criteria for granting equity credi.. read more
RBA's repo RMBS arrears rise 30 May 2013 4:49PM In October 2012, the Reserve Bank announced it would be introducing new criteria for the acceptance of residential mortgage-backed securities in repurchase transactions. It has since completed a con.. read more
FX shift may cull kangaroo bonds 27 May 2013 5:00PM The value of the Australian dollar relative to the US dollar has plummeted since the decision by the Reserve Bank's board to cut the official cash rate to a historic low at its May meeting. read more
May busy for bonds 20 May 2013 5:05PM Issuance activity in the debt capital market continued at a steady pace last week, sufficiently so that May has the second largest monthly issuance volume for the year to date. read more
Analysis: Newpin social benefit bonds only for wholesale investors 20 May 2013 4:58PM NSW Treasurer Mike Baird has announced the launch of the first social benefit bonds, the Newpin SBB. The Newpin SBBs are being offered by Social Ventures Australia and could yield up to 15 per cent.. read more
Analysis: Macquarie hybrid a finely pitched offer 15 May 2013 4:34PM Is it a coincidence that Macquarie chose Budget eve to announce the details of its new hybrid note issue? The hybrid notes are not innovative, and there may no longer be much appetite among retail in.. read more