Rebounding kangaroos will drive investor demand 09 February 2009 5:56PM One task to begin with this week is to correct some misconceptions and highly misleading reporting on the bond market over the course of last week in one national newspaper, the Australian Financial R.. read more
Room for a retail corporate bond market 09 February 2009 5:55PM So perhaps this is where the lateral thinking is required. Many countries have retail bond markets - Australia doesn't - but perhaps its time has finally come. read more
Fonterra overwhelmed in Kiwi bond market 09 February 2009 5:54PM The closest market to Australia with a highly successful retail corporate bond market is that in New Zealand, as we have observed many times before. Interest.co.nz has been keeping a tally on the numb.. read more
Return of the Samurais 09 February 2009 5:53PM The big event of last week was Westpac's ¥201 billion Samurai bond issue and simultaneous ¥44 billion Eurobond issue. Westpac raised the equivalent of a staggering $4.3 billion - possibly the larges.. read more
Property finance plan may limit asset write-downs 09 February 2009 5:52PM Fitch Ratings put out a comment on the credit impact of the Australian Business Investment Partnership on Thursday, stating that ABIP will add a degree of systemic stability to both the Australian ban.. read more
Credit spreads contracting for banks 02 February 2009 5:51PM Despite the continuing volatility in equity markets and the doom and gloom that pervades the global economy, the domestic corporate bond market ended the first month of 2009 on a positive note. read more
Longer maturities a feature of offshore issuance in January 02 February 2009 5:50PM The Australian branch of Rabobank became the first non-Australian owned bank to issue offshore last week with a modest $100 million, three year, fixed rate issue in the Euromarket. The issue was not g.. read more
Rio a significant credit improver 02 February 2009 5:49PM Last week it was Rio Tinto's turn to be noted as one of the more significant credit improvers by the monitors at Markit Group. On Friday, Rio's CDS spreads contracted by 52 basis points to 748 bps, br.. read more
Fixed-income investors' risk appetite growing 02 February 2009 5:49PM There is some mounting evidence that the risk appetite of fixed income investors is starting to improve. On Thursday in the US, Goldman Sachs sold US$2 billion of ten-year bonds without a US governmen.. read more
Bank downgrades, profit warnings and asset write-downs 02 February 2009 5:47PM The rapidly deteriorating regional economy and weak outlook for thermal coal, the key output of The Griffin Coal Mining Company Pty Ltd, led Moody's Investor Service to lower the corporate family and.. read more