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As for offshore issuance in January, the total was only the equivalent of A$14 billion, not quite two-thirds of the volume seen in January 2009. But as with January 2009, just about all of it came fro.. read more

Domestic corporate bond issuance at the end of January totalled A$7.625 billion, which is comfortably ahead of the A$7.265 billion issued in the same month last year and sets a new January issuance re.. read more

With the end of 2009 also came the end of the credit rating agencies' participation in the retail sector of Australia's financial market. One echo of this fact came last week when Fitch Ratings became.. read more

Fitch lowered the ratings on more than two hundred preferred and hybrid capital securities of issuers in the insurance sector to implement revised guidelines for rating preferred stock and hybrid secu.. read more

Last week, Standard & Poor's released its RMBS arrears statistics for November 2009. There has been little change in prime arrears over the last three months, with arrears of more than 30 days com.. read more

S&P revised the outlook on the 'BBB+/A-2' long- and short-term credit ratings assigned to American Express to stable from negative. The outlook revision reflects S&P's view that the rapid dete.. read more

Despite ructions, bond issuance activity still continued apace in the domestic market. Kangaroo issuers continued to add to existing lines; the Australian branch of Rabobank became the first non-kanga.. read more

Last week was a pretty crummy one for financial markets. Continuing concern over intractable budget deficits in certain Eurozone countries,; poor fourth-quarter results from US banks; Chinese moves to.. read more

The lesser of Queensland's two regional banks might still need an Australian government guarantee to sell its debt in volume to investors but the state of Queensland has worked out that it no longer n.. read more

In New Zealand, Asian Development Bank made its Kauri debut, raising NZ$225 million for four years, priced at 22 basis points over swap. The issue was opened at NZ$150 million. read more