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Spreads have tightened on Commonwealth Bank's jumbo A$3.5 billion domestic covered bonds since they were sold in the middle of last week. read more

The wholesale bond issuance strike undertaken by the four major banks in the second half of 2011 is coming back to haunt them. Covered bonds have become a funding necessity and the pricing on them is.. read more

Foreign bond issuance by the four major banks over the first two weeks of calendar year 2012 was the equivalent of A$8.1 billion. Over the whole of the second half of 2011 Australian banks sold only.. read more

ANZ and National Australia Bank both issued five-year Samurai bonds late last week. read more

In January, National Australia Bank raised A$1.0 billion for three years in the domestic bond market at a credit spread of just 75 basis points over bank bills. In March 2006 NAB paid just six bps o.. read more

Origin Energy has lodged an amended prospectus for its Origin Notes issue with ASIC. Origin now expects to announce the margin that will be added to the 90-day bank bill rate, to determine the quart.. read more

The mandatory deferral of coupons paid on the Origin Energy Notes (OENs), because of a rating downgrade by Standard & Poor's to below investment grade, has attracted the attention of ASIC, which.. read more

After a long build-up, two major Australian banks sold their first covered bond issues last week. But ANZ and Westpac paid US investors high prices for their new debt. read more

If RMBS issuance is to continue from here, AOFM needs to return its attention to keeping the cost of RMBS issuance affordable. read more

Standard & Poor's will finalise its revised criteria for rating banks this week after advising that the extent of rating revisions will be less than first thought. read more