Five-year bonds suit banks

Bonds with five-year terms have suited bank issuers lately. They account for 85 per cent of issuance in January, so far. read more

Westpac preps hybrid issue

There was talk in the market last week of a new hybrid note issue about to be launched. In fact the issue could be launched this week, although the rumoured issuer, Westpac, may opt to wait until next.. read more

2013 set to beat 2012 for structured finance

A Fitch Ratings report, 2013 Outlook: Australia and New Zealand Structured Finance and Covered Bonds, forecasts that structured finance issuance in Australia could grow by 20 per cent or more over the.. read more

New benchmark bond issues for Westpac and CBA

The second full week of January saw A$6.8 billion of bonds issued, easily surpassing the A$2.2 billion of issuance the week before. It also saw the return of non-SSA (sovereign, supranational and agen.. read more

2012 a record year for retail bond issuance

2012 was a record year for retail bond issuance. With retail bonds defined to include senior and subordinated debt and hybrid notes, A$13 billion of bonds were offered to retail investors. read more