KfW kangaroo no bounder

It was a very quiet week for issuance activity in domestic debt markets. The highlight of the week would have to have been the return of kangaroo issuer and German state agency, KfW, with a $150 milli.. read more

Being acquired can improve credit quality

Kirin Holdings' bid to buy the 54 per cent of Lion Nathan that it does not already own prompted Moody's Investor Service to place Lion Nathan's 'Baa2' long-term credit rating on review for possible up.. read more

More on the true cost of term deposits

We were intrigued to see a media release from the Australian Bankers Association last week addressing bank interest margins and funding costs. Apparently the ABA felt the need to clarify the situation.. read more

Nine mortgage funders supported by AOFM

The Australian Office of Financial Management announced the beneficiaries of its next three RMBS mandates on Friday: Members Equity Bank; FirstMac Limited; and Resimac Limited. read more

A positive tone in RMBS

A more positive tone also appears to building in the market for mortgage-backed securities, but perhaps not quite to the same degree. read more

Rabo seeks hybrid capital

In New Zealand, Rabobank Nederland has flagged its intention to issue a hydrid Tier 1 capital security via a portfolio investment entity (PIE). The PIE structure confers tax advantages on retail inves.. read more