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There has been a lot of talk about increasing regulatory supervision of the credit ratings agencies since the onset of the global financial crisis, but now momentum seems to be steadily building for c.. read more

The highlight of last week was ME Bank's successful launching and pricing of the first mortgage-backed securitisation program without the support of the Australian government, via the AOFM. read more

The positive news flow for the sector did not end there. Insto reported increasing interest among European investors in Australian RMBS, which would be a very significant development if the report pro.. read more

Following on from the A$1.35 billion bond issue by Commonwealth Bank in the domestic market the week before, National Australia Bank became the next of the big four to again issue in volume. In doing.. read more

Exit strategies are beginning to emerge, from the point of view of the governments of the major economies. read more

The future of the guarantee scheme for wholesale debt issuance by the banks has been debated for some time now, with many market participants calling for the abolition of the guarantee and Treasurer,.. read more

Offshore, the CBA visited the US s144A market again, this time with a US$2.75 billion government guaranteed bond issue, to take its total issuance in that market to the equivalent of A$18.1 billion, t.. read more

It is mostly likely a coincidence, but after reporting here last week the decision of a US District judge on the liability of the credit rating agencies in relation to their rating opinions, ASIC anno.. read more

In the government sector, TCorp got the week started with a A$100 billion addition to its November 2020 capital indexed bond line, on Tuesday. The bonds were priced to achieve a real yield of 3.70 per.. read more

In what was undoubtedly the deal of the week, Wesfarmers (rated BBB+) priced A$500 million of five-year bonds at swap plus 260 basis points on Friday. The highly anticipated deal was launched on Thurs.. read more