Coupon step-ups drive pricing

Some life returned to the domestic corporate bond market last week, with Commonwealth Bank being the stand-out issuer, adding A$1.5 billion to its January 2015 floating rate notes. read more

Credit spreads widen for ANZ

There was minimal issuance activity in the term debt market last week, with the countdown to the weekend's Greek elections keeping issuance - if not markets - subdued. ANZ provided the main interest.. read more

Covered bond spreads widening

A recent resurgence in covered bond issuance by Australian financial institutions has provided evidence of deteriorating market conditions. read more

Seek junks bond

Seek sought to raise A$125 million from retail investors and has lost up to A$0.5 million in the process. read more

Heritage finds retail investors

There was no formal word at the end of last week, or over the weekend, on the final size of the Heritage Bank retail bond, even though the book build was to have taken place on Thursday. read more