ANZ realistic on five-year pricing 09 November 2009 5:45PM After a relatively quiet October (which was, at least in part, due to the upcoming release of annual results for three of the big four banks) ANZ provided the domestic bond market with a solid start t.. read more
AOFM to issue fewer Commonwealth bonds 09 November 2009 5:44PM While the banks have been putting up various arguments against APRA's new draft liquidity policy, one argument (regarding the availability of government bonds) would have got a minor boost with the Au.. read more
Goodman Property Trust's listed bond issue 09 November 2009 5:43PM Across the Tasman Sea, Nordic Investment Bank added another NZ$100 million to its April 2015 line to take outstandings to NZ$300 million. Priced at 42 basis points over the New Zealand government bond.. read more
Bella an ABS rarity 09 November 2009 5:43PM In other domestic market activity, International Finance Corporation, sister organisation to the World Bank, made a third top-up to its June 2014 line on Friday. IFC added A$550 million, priced at CGS.. read more
Margin halved for Woodside in 144A market 09 November 2009 5:42PM There was more international bond market issuance last week. NAB apparently made up for the failure of its domestic issue the week before, by issuing 475 million Swiss francs of Eurobonds and floating.. read more
RBS and Lloyds hybrids losing value 09 November 2009 5:41PM As mentioned above, the price to be paid for the support received from the UK government by the Royal Bank of Scotland and Lloyds Banking Group was announced by the EU Commission and UK Treasury last.. read more
CIT Australia a still solvent C 09 November 2009 5:40PM Fitch lowered its issuer default rating assigned to CIT Group Inc. to 'D' from 'RD' upon its filing for bankruptcy last Sunday, in the US. However, the rating assigned to CIT Group (Australia) Limited.. read more
St George loans performing ok 09 November 2009 5:39PM One lending category where credit defaults must be manageable is car loans. Only 18 months after refinancing a pool of loans through one of the very few asset-backed transactions of last year, one rat.. read more
Kirin takeover a plus for Lion Nathan 09 November 2009 5:39PM Lion Nathan has had its long- and short-term issuer default ratings assigned by Fitch upgraded to 'A-/F1' from 'BBB+/F2'. The ratings have been removed from Rating Watch Positive with a stable outlook.. read more
$230 billion of offshore Aussie bank debt to manage over the next five years 03 November 2009 5:51PM The US government ended its guarantee scheme for US banks last week, although a guarantee will still be available in exceptional circumstances and at penalty rates. Nevertheless, there is still much t.. read more