Fewer seek AOFM debt 22 June 2009 4:35PM The promise of a Commonwealth government guarantee on QTC's 10-year bond issue attracted a lot of investor interest last week and allowed QTC to price the new bond line at 84 basis points over Commonw.. read more
QTC 10-year a star 22 June 2009 4:35PM Queensland Treasury Corporation claimed the limelight last week. QTC sold an A$3.25 billion new 2019 benchmark bond issue. read more
NSW budget ok with S&P 22 June 2009 4:34PM S&P gave a bullish response to the NSW government's 2009-10 budget, returning the outlook on the 'AAA/A-1+' ratings on the state to stable from negative. read more
NZDMO demand ok 22 June 2009 4:33PM The New Zealand Debt Management Office continued to build its May 2012 line, adding another NZ$100 million on Thursday. read more
Southland seeks RMBS investors 22 June 2009 4:33PM It appears that RMBS can be issued in New Zealand. read more
Challenger bonds face downgrade 22 June 2009 4:32PM The 'BB' ratings assigned by S&P to the Class D notes issued by the Interstar Titanium Series 2006-1 Trust were placed on CreditWatch with negative implications. The move was in response to the de.. read more
Mortgage insurance ratings wobbly 22 June 2009 4:31PM Moody's released a report last week that again looks at the thorny issue of the impact of rating downgrades of LMI insurance providers on the senior 'Aaa' rated tranches of Australian RMBS. In this in.. read more
Bluestone loans performing in New Zealand 22 June 2009 4:31PM S&P raised its ratings on all rated subordinated classes of RMBS issued by Sapphire II NZ Series 2005-1 and Sapphire VI Series 2004-2. The 'AAA' ratings on the class A notes of both transactions w.. read more
More bank downgrades 22 June 2009 4:30PM S&P resolved its CreditWatch with negative implications on its long-term counterparty rating assigned to Wells Fargo & Co., when it simultaneously lowered its ratings and revised its outlooks.. read more
Acquisitions and divestments spark action 22 June 2009 4:29PM CSR's decision to break itself up led to both S&P and Fitch Ratings placing the 'BBB+' and 'BBB' counterparty credit ratings assigned to CSR respectively, on review for possible downgrade. S&P.. read more