Plenty of demand for Treasury indexed bond

The first Treasury Indexed Bond from the Australian government, a planned $1 billion issue, was rushed by both domestic and offshore investors and was ultimately oversubscribed by 5.5 times. read more

Credit spreads dropping and A$ rising

The fourth quarter got off to a solid start on Thursday, with bond issues totalling more than A$2.0 billion, from KfW, EIB (again), Rentenbank and ABN Amro Bank Australia. read more

Kiwi kangaroo

Kiwibank will be roadshowing this week ahead of a planned three- and/or five-year New Zealand government-guaranteed bond issue, which could raise up to A$400 million. Kiwibank announced two months ago.. read more

Reduced credit spreads in New Zealand

In New Zealand, Reuters reported that both Manukau and Waitakere City Councils tapped the corporate bond market last week. Manukau added NZ$14 million and NZ$30 million to its September 2013 and 2015.. read more

Further signs of thawing in ABS sector

Macquarie launched its well flagged asset-backed transaction, via SMART Series 2009-1 Trust on Thursday. The A$320 million transaction provides further evidence of the continuing thaw in the securitis.. read more

Mobius restructure proposed

Standard & Poor's placed the ratings assigned to five tranches of notes issued by Mobius NCM-04 Trust on CreditWatch with positive implications and affirmed the ratings on three other tranches, af.. read more

Stiffer capital requirements for global banks

The meeting of the G20 leaders took place at the end of last week in Pittsburgh amidst expectations for agreements on co-ordinated reductions in economic and financial system support, changes to bank.. read more

Offshore issuance sustained

International corporate bond issuance by Australian entities has also been substantial in 2009 and again it is the banks with government guaranteed bond issues that have led a record-breaking performa.. read more