Asian strategy a rating plus for ANZ 24 May 2010 4:57PM Fitch Rating moved the 'AA-' issuer default and 'B' individual ratings assigned to ANZ to positive. The outlook was previously stable. read more
NZDMO revises borrowing requirements 24 May 2010 4:57PM New Zealand's Debt Management Office advised on Friday its latest borrowing requirements for the next fiscal year and beyond. NZDMO expects to issue NZ$12.5 billion of bonds next year, including a n.. read more
Australian utilities need substantial funds going into 2011/12 24 May 2010 4:56PM Fitch has surveyed capital raising trends of Australian power and utility companies in the wake of the global financial crisis, covering the A$13.8 billion of bank debt, bonds and equity raised by t.. read more
Split AAA rating affirmed for credit wrappers 24 May 2010 4:55PM The two remaining AAA-rated credit wrappers - Assured Guaranty Corp and Assured Guaranty Municipal Corp (formerly Financial Security Assurance) had their 'AAA' credit and financial strength ratings.. read more
When the IMF says it will rescue Greece, we all provide the funding 21 May 2010 3:58PM With a €40 billion commitment to the bailout of Greece in the first week of May and a €250 billion commitment to the EU's eurozone stabilisation mechanism a week later, the curious among us may as.. read more
Issuance subdued globally 17 May 2010 4:49PM Corporate bond issuance was subdued, globally, last week. The Australasian markets opened on Monday morning to the news that the EU and IMF had agreed on Sunday to a massive €750 billion support pac.. read more
Leighton taps US private placement market 17 May 2010 4:48PM Offshore, Leighton Holdings (BBB) priced US$350 million of bonds in the traditional private placement market in the US. The issue comprises three tranches: US$95 million with a five-year term to mat.. read more
Major hurdles for retail corporate bonds 17 May 2010 4:45PM With the delivery of the Australian government's 2010/11 Budget on Tuesday night, ASIC made the long-awaited announcement that it provided class order relief, allowing certain offers of listed 'vanill.. read more
Retail bond obstacles are not insurmountable 17 May 2010 4:44PM Given these three hurdles, market reaction last week to ASIC's announcement was pretty flat. However, it is the last hurdle that actually holds the keys to why a retail corporate bond market could in.. read more
Near nationalisation for ratings agencies 17 May 2010 4:43PM Apologies for the sensationalist heading but this appears to be the intent of amendments passed in the US Senate to the Wall St Reform Bill, late on Thursday. The first amendment, passed 64 votes to 3.. read more