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Rio Tinto (rated BBB) and Caltex Australia Limited (BBB+) are the latest corporates to issue bonds offshore. read more

At the end of the first quarter this newsletter noted the positive sentiment that had returned to financial markets and lifted performance from the nadir seen in early March. These comments came after.. read more

These niggling concerns over the composition of the results of US financial institutions did not prevent all this positive sentiment flowing through to the Australian credit market. The Aussie iTraxx.. read more

Watercare Services, GPT, Qantas, and Telstra have come under rating agency scrutiny. read more

While it could be argued that the Commonwealth Bank took advantage of a relatively buoyant mood in financial markets last Monday, it can also be said that the bank has now proved that there is signifi.. read more

The major banks incurred, once again, the wrath of politicians and media over the last week when they failed to pass on the full 25 basis points cut in the cash rate and National Australia Bank didn't.. read more

Suncorp-Metway has not availed itself of the government guarantee to the same extent as the big four, given that it is more expensive for it to do so with an annual fee of 100 basis points, and of cou.. read more

Reuters reported that Brambles raised US$110 million in the traditional or Reg D private placement market in the United States. Brambles is not rated but has a NAIC-2 rating for this market, which rou.. read more

Australia might be about to witness the first court case resulting from the losses incurred on structured credit products. Litigation funder, IMF, says it has completed a 14-month investigation into s.. read more

Debt buybacks were prominent last week. Insurance Group Australia started the week by announcing that it had repurchased £36 million of subordinated bonds from a £250 million, twenty-year, non-call.. read more