Westpac buys back guaranteed debt

Westpac is set to make the largest buyback of government guaranteed debt to date in the local market, after announcing an offer to buy back the entire A$3.6 billion of March 19, 2012 notes. read more

Asset-backed issuance growing

The subdued market for mortgage-backed securities will see its second transaction of the year this week, with ME Bank marketing what will be the second issue of the year. read more

No regulatory limit on RMBS in NZ

The Reserve Bank of New Zealand confirmed the 10 per cent regulatory limit on the assets encumbered for covered bond issuance, but said it doesn't plan to introduce a regulatory limit on residential.. read more

Private placement options extending

Raising funds in the US private placement market seems to be getting easier for sectors such as property and financial services, which were largely ignored by investors following the global financia.. read more

Speedy rate cuts follow RBNZ easing

Banks in New Zealand reacted swiftly to the 50-basis-point cut in the official cash rate by the Reserve Bank, with all the major banks announcing almost an equivalent drop in their floating mortgage.. read more

CIBC back for covered bonds

While Kangaroo bond issuance by supranational agencies have been absent for the second straight week, Canada's CIBC has been  emboldened enough to launch a covered bond issue. This is despite u.. read more