Banks top up their funding

The highlight of a short week in the domestic corporate bond market was an A$800 million five-year floating rate note issue from the Sydney branch of Royal Bank of Canada (rated AA-). read more

144a market may soon live up to its name

Following ANZ's venture into the US s144A market the week before last, Westpac (rated AA-) last week raised US$3.75 billion in the same market. The Westpac volume pipped ANZ's effort by US$0.5 billion.. read more

BNZ queue for Tier 2

National Australia Bank's subsidiary, Bank of New Zealand, advised the NZDX that it intends to issue tier two bonds this week. read more

A 27 per cent risk ratio beckons for banks: FSB

On Monday last week, the Financial Stability Board released to the G20 its final standard on Total Loss-Absorbing Capacity for the 30 global systemically important banks, the G-SIBs. The requirements.. read more

ANZ will pay-up to sell new Tier 2 debt issue

In a press release yesterday, ANZ advised it had launched only the second Basel III compliant Tier2 subordinated bond issue from a major bank for the year. The issue could well be priced today, but AN.. read more