Coupon step-ups drive pricing 25 June 2012 4:47PM 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 18 June 2012 5:05PM 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 15 June 2012 4:54PM A recent resurgence in covered bond issuance by Australian financial institutions has provided evidence of deteriorating market conditions. read more
Seek junks bond 15 June 2012 4:50PM Seek sought to raise A$125 million from retail investors and has lost up to A$0.5 million in the process. read more
Analysis: Seek bond like equity without the upside 08 June 2012 5:07PM Seek Limited this week became the latest company to launch a hybrid security issue aimed at retail investors. The launch of Seek's hybrid comes less than a week after the Tatts Group launched its re.. read more
Analysis: Spanish precedent informs Moody's new view on RMBS and LMIs 04 June 2012 5:02PM A change in the view of the "tail risks" if there were to be a steep fall in house prices and a sharp rise in home loan defaults in Australia lies behind the likelihood of lower credit ratings for m.. read more
Senior bonds well back in the queue 31 May 2012 5:19PM Tatts Group Limited is the latest company to launch a retail bond issue, in a rare senior unsecured bond issue. read more
Analysis: Tatts short on details and spread 31 May 2012 5:17PM Following the requirements of short-form prospectuses, Tatts has disclosed a pro-forma profit and loss statement and balance sheet. read more
Heritage finds retail investors 28 May 2012 4:54PM 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
European credit market open to BHP 25 May 2012 4:56PM BHP Billiton announced yesterday that it had sold €2.0 billion of bonds. The debt issue follows a US$5.25 billion global bond issue in February. read more