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Standard & Poor's is taking a tougher line than expected on the granting of "high" equity content to hybrid notes. read more

The rush of hybrid note issuance may be about to come to an end, following a decision by Standard & Poor's to review its criteria for assigning equity credit to hybrid notes issued by corporates.. read more

There was a pick-up in activity in the domestic credit market last week, with GPT, Coca-Cola Amatil and Telstra all adding to the recent flow of non-financial corporate bond issuance. read more

Bank of Queensland has become the first bank to opt not to redeem an issue of preference shares on the first optional call date. read more

The last time APPF Retail was in the market was July 2009, when it issued A$250 million of three-year bonds priced at 340 basis points over swap. Last week it was back, but didn't pay anywhere near.. read more

There was news and no news in the hybrid notes market last week. The news there was related to Commonwealth Bank's PERLS VI notes. read more

Genworth Financial may need to minimise the delay in the mooted sale of a 40 per cent stake in its Australian lender's mortgage insurance business if it is to maintain the credit rating of the latte.. read more

Further evidence has emerged that the Bank of Queensland is unlikely to redeem its tier-one hybrid, or PEPS notes, as had been expected in December. read more

With a holiday-shortened week in some states, there was virtually no corporate bond issuance in domestic credit markets last week. However, the long weekend may not have much to do with the recent s.. read more

With the Reserve Bank of Australia cutting the cash rate by 25 basis points, to 3.25 per cent, on Tuesday, the usual pressure is on for the major banks to show their hand on home loan rates. read more