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ING Direct has priced an issue of residential mortgage-backed securities, issue via IDOL 2016-1 Trust. The issue size was finalised at A$870 million, up from $500 million when launched. read more

Domestic corporate bond issuance continued at a modest pace last week. Prominent among the issuers was Canada's Toronto-Dominion Bank (rated AA-), which raised a total of A$800 for 4.75 years. read more

The omens for Commonwealth Bank's PERLS VIII hybrid, which closed last week, are not promising. Despite having the widest credit margin yet seen on additional tier one capital - 520 basis points - the.. read more

The domestic corporate bond market will see A$12.5 billion of bonds mature this month. This is the largest monthly volume of maturities, as currently scheduled, to the end of 2020. read more

Financial markets took on a much more optimistic tone last week. Equity markets rose and in debt markets credit spreads contracted. read more

Activity bounced back in international and local corporate bond markets last week. read more

The Commonwealth Bank must believe that conditions in the listed hybrid note market are about to rapidly improve, or that it has got a lot of very loyal hybrid investors despite the PERLS VII debacle. read more

Commonwealth Bank last week outlined plans for a new issue of contingent convertible notes (a form of additional tier one capital, known as CoCos) and its intention to use the familiar CBA label of PE.. read more

The domestic corporate bond market has had one of the weakest starts to a year for quite some time. read more

Kangaroo and kauri issuance remained the mainstay of domestic corporate bond markets last week. read more