58

Bendigo and Adelaide Bank is the next home loan provider in the queue to sell mortgage-backed securities, a market in which investors look open to buying new paper every week or so as the market fin.. read more

As Britain's financial sector slowly emerges from the recent crisis, the extraordinary support from which the country's banking system has benefited is likely to be gradually withdrawn, Moody's Inve.. read more

Activity has been relatively quiet in the New Zealand corporate bond market so far this year. According to our records, year-to-date issuance comes to only NZ$1.3 billion. International Finance Corp.. read more

A couple of infrastructure financings in New South Wales reliant on external support from sponsors or from monoline insurers are revealing shaky foundations. read more

Last week produced plenty of activity in the debt capital market, with A$6.7 billion of bonds issued, and nearing the record set in December 2008 (when A$7.1 billion in bonds were sold). read more

Another highlight last week was the fourth mortgage-backed securities issue for the year; this time from ME Bank via SMHL Securitisation Fund 2010-1. read more

International bond issuance by Australian borrowers so far in 2010 is well down on the volumes seen at the same time last year. To the end of February 2010, issuance totals the equivalent of just A$22.. read more

Moody's Investor's Service announced last Wednesday that it had concluded its review of Australian and New Zealand bank hybrid security ratings but the firm's media release made no mention of the rati.. read more

ANZ did its bit to keep the basis swap wide by issuing €1.25 billion of seven-year bonds last week. The bonds were priced at 87 basis points over mid-swaps, which appears reasonable against the Como.. read more

With asset quality continuing to deteriorate and the announcement of a capital injection that was deemed inadequate to maintain the credit rating, S&P lowered the long-term rating assigned to Sout.. read more