ANZ realistic on five-year pricing

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

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

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

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

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

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

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

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

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