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Arab Bank Australia made its one and only bond issue in the domestic market in February, when it raised A$200 million for three years under an Australian government guarantee. Given this, investors.. read more

There was only the briefest of relief rallies on Monday (Tuesday in Europe, after the May Day holiday) on the news that a bailout package had finally been agreed for Greece. Spreads on the credit de.. read more

Amid the conjecture over which European banks are most exposed to the debt of Greece and the rest of the so-called PIGS, several banks in France made disclosures on their holdings of Greek debt. read more

As a sign of the volatility and investor risk aversion that has re-entered global financial markets, there was no issuance in the domestic corporate bond market last week, of which this newsletter i.. read more

So, what is the tally of the damage in the financial markets at the end of the week? Since their mid to late April highs, global equity markets are close to or in correction territory. The hardest h.. read more

In response to the Rudd government's bombshell last Sunday, the 40 per cent resource super profits tax, Moody's said the 'A1/P-1' long- and short-term credit ratings assigned to BHP Billiton will no.. read more

Investec Bank (Australia) on Friday launched a A$240 million, auto and equipment receivables issue, via Impala Series No.1 2010-1. read more

Resimac yesterday launched the first public low-doc, prime mortgage-backed securities issue seen in the domestic market for almost two years. The timing of the transaction will test the strength of.. read more

Following on from Moody's the week before, Standard & Poor's had a similar impact on global equity and credit markets, when it became the first of the ratings agencies to cut its credit ratings.. read more

The European Union and International Monetary Fund over the weekend worked out most of the terms for the multi-billion euro financial bail-out of Greece. read more