Yield curve points to recovery

A reading of US interest rates suggests the US economy should be returning to growth fairly soon and could grow quite strongly thereafter. read more

Tabcorp and RBS dominate domestic bond market

It was also a big week in the domestic market with some A$3.0 billion of bonds issued. This takes the year to date total to almost A$38 billion, which again compares well with a 2008 total of just ove.. read more

Offshore bond issuance well up on 2008

Offshore issuance dominated activity in the corporate bond market last week, with US$4.0 billion of bonds sold in the US s144A market alone. Suncorp Metway was the dominant name, raising US$2.5 billio.. read more

NIB sells onshore, BNZ offshore

Nordic Investment Bank returned to the New Zealand domestic market last week with a NZ$100 million addition to its April 2015 line. The line was opened at NZ$100 million in March last year and priced.. read more

90 day plus arrears worrying

Standard & Poor's last week released its March 2009 quarter data on arrears in the mortgage pool that supports Australia's pool of mortgage-backed securities. Like Moody's and Fitch before it, S&a.. read more

Debt management requires a 30-year bond

The Australian Office of Financial Management was in the news last week with the focus being on the massive funding task that it has in front of it. With $86 billion of CGS currently outstanding, AOFM.. read more

A catalyst for reviving the RMBS market

AOFM announced the mandates for the penultimate round of AOFM-supported, mortgage-backed securities issues last week. The critical aspects of the announcement were that AOFM has now invested $6.2 bill.. read more