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Standard & Poor's released its 2009 Australia and New Zealand corporate default and ratings transition study last week. As with the previous three years, there was one default recorded. read more

Moody's Investors Service released its "Banking System Outlook: Australia" report and noted, "Australia's banks have come through the global financial crisis in strong condition relative to many dev.. read more

Fitch affirmed the 'A-' long-term issuer default rating and 'C' individual rating that it assigned to Dutch mortgage lender, SNS Bank NV, and removed the ratings from Rating Watch Negative. The reso.. read more

S&P also released its Australian RMBS Performance Watch for the December quarter and noted that arrears levels, over 30 days, in prime mortgage-backed securities transactions remained steady at.. read more

In a week shortened by the Easter long weekend, there were only three corporate bond issues in the domestic market. read more

As a potential indicator of issuance to come, Reuters reported last week on three roadshows either under way or coming up. read more

FirstMac on Friday launched a refinancing of its FirstMac Bond Series 1C -2006 Trust that comprises prime, low-doc, mortgage-backed securities. read more

Contact Energy issued NZ$100 million of seven-year bonds in its domestic market. The issue was priced at 230 basis points over swap to yield 7.855 per cent per annum. read more

ALE Property Group is currently offering its ALE Notes 2 to retail investors. As previously reported, this will be the first retail bond issue for the year. While the issue is already almost oversub.. read more

Westpac didn't let Easter Monday get in the way of its adding US$175 million to the US$825 million of three-year bonds it issued at the end of March 2010, in the US s144A market. The bank priced the.. read more