85

The government of New South Wales announced last week that it would seek a Commonwealth government guarantee for all existing and new bond issues with maturities beyond 2012. read more

In the last full week of the first half of the calendar year there was relatively little bond issuance. read more

Standard & Poor's rated a new warehouse facility for Challenger Mortgage Management Pty Ltd. read more

Moody's Investor Service released its annual Asian Banking System Outlook last week, and observed that the industry outlook for the Australian and New Zealand banking systems remains negative. Neverth.. read more

The main operating subsidiaries of Insurance Australia Group had their 'AA-' Insurer Financial Strength Ratings affirmed by Fitch with a negative outlook continuing. Fitch observed that the negative o.. read more

On expectations of further deterioration in the insured portfolio of MBIA Insurance Corp, Moody's revised the outlook on the 'B3' insurance financial strength rating assigned to credit wrapper to nega.. read more

The bond market machinery is turning over at May 2007 levels, with last week's demand and pattern of issuers a sign of sure footings as financial institutions worldwide tackle the immense funding task.. read more

Suncorp-Metway on Thursday announced that it is looking to relieve bond holders of up to A$500 million of its subordinated debt, at an appropriate discount to face value. read more

The Australian branch of BNP Paribas (rated 'AA') started the week issuing A$1.0 billion of three-year bonds in two tranches: A$350 million fixed and priced at 145 basis points over swap and 192 bps o.. read more

One new vendor will be ASX Clearing Corp, which plans to sell A$145 million of fixed-rate bonds. read more