Domestic bond market tires in September

At the end of the third quarter of what can only be described as a momentous year for global financial markets - for worse and for better - it seems appropriate to look at the performance of relevant.. read more

Money market back to normal, one year later

Conditions in money markets have improved immensely since the start of the year. It is money markets that provide the liquidity essential to the functioning of all other financial markets. read more

AOFM to issue indexed bonds this week

Following on from NSW Treasury Corp the week before last, Queensland Treasury Corp announced last week which of its bond lines have been formally guaranteed by the Commonwealth government. The lines a.. read more

ME Bank back for seconds from RMBS investors

Not being satisfied with having just re-opened the market for non-AOFM backed RMBS issuance the week before last, ME Bank fronted up again last week with another non-AOFM backed RMBS issue, as referre.. read more

New Zealand debt market reopens

For the first time in a while now, there was no corporate bond issuance in the Australian domestic market last week. In fact, all the activity was in New Zealand, where a window seems to have reopened.. read more

NSW TCorp takes guarantee

The NSW Treasurer, Eric Roosendaal, announced during the week that NSW Treasury Corp accessed the Australian government's guarantee scheme for state government bond issues, for each of TCorp's May 201.. read more

The rush is on for Heritage

Heritage Building Society (rated 'A3/BBB') is set to become the next borrower to tap the retail market. After a rush of issuance earlier in the year, the retail market appeared to be set to take off,.. read more

What price for seven- to ten-year debt?

The remaining issuance activity last week took place offshore. Westpac issued €1.75 billion of seven-year bonds in the Euromarket, priced at 118 basis points over mid-swaps. This issue took place wh.. read more