Talk of a common EU bond issue

Among the various issues discussed by European leaders meeting over the weekend before last (ahead of a G20 meeting scheduled for April 2), was a proposal for a common bond to be issued by the Europea.. read more

AOFM shifts auction supplier

The Australian Office of Financial Management sold $1.1 billion of CGS last week, with the second bond tender being for only $500 million of bonds instead of $600 million, as had become the pattern un.. read more

CUA bond undersized

Investment banks assisting Credit Union Australia publicised details of the mortgage-backed bond in which the Australian Office of Financial Management is the cornerstone investor. read more

Woodside breaks the offshore drought

In offshore bond markets Woodside Petroleum capped off a strong two months which has seen a total of $33.2 billion equivalent of bonds issued. This is ahead of the $29.6 billion equivalent, of bonds i.. read more

Yet bond issuance continued apace

Macquarie Bank provided the highlight of the week, raising $1.1 billion for five years in the domestic market. The government guaranteed bonds were priced at a spread of 100 basis points over swap, wh.. read more

Credit spreads steady against the static

Equity markets returned to their bear market lows and even went beyond last week, driven by a steady flow of bad news. The week started under the influence of Lloyds Banking Group's announcement the F.. read more

Fed funding machinery turning over

The Australian Office of Financial Management cranked up its plans to sell more government bonds, with two tenders of $600 million each for the week, a practice set to become a near permanent feature.. read more