Retail bond issuance gaining momentum

As this publication flagged on Monday, Tabcorp has announced a retail bond issue to raise approximately $200 million. The bonds will be listed on the ASX with a minimum subscription parcel size of $50.. read more

The banks may have overplayed their hands

The global financial crisis has led to our banks tightening their underwriting standards, raising loan margins, reducing exposures and exiting others. At the same time, increased emphasis has been pla.. read more

AMP leads, others will follow

AMP has stepped up to the challenge and is going to test retail investor demand for a listed corporate bond - and should be well rewarded for doing so. The coupon has been set at a level that will att.. read more

Bank ratings under the spotlight

The local stock market gave more prominence than it deserved to Moody's Investor Service's rating outlook change to negative on three of the big four banks, and used it as an excuse for yet another se.. read more

Cost of credit improves as the slump extends

There was a certain optimism in financial markets as we started 2009, a hope that the new year would be better than a dreadful 2008. However, February was destined to bring us back to reality as compa.. read more