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Bendigo and Adelaide Bank's first-ever retail bond issue opened for subscription yesterday and the bank plans to raise a maximum of A$250 million via three-year floating rate bonds (unsecured debent.. read more

Westpac New Zealand has cut the size of one readily available source of cash by reducing the amount of its internal mortgage-backed securitisation programme to NZ$5.0 billion, from NZ$7.5 billion. read more

The trend at Bank of New Zealand in the recent December 2010 quarter was similar to Westpac's, with deposit growth outpacing a small increase in the loan book. read more

ANZ National may finally be ready to join the independent ATM network in New Zealand, with a deal likely to signed as early as today. read more

Westpac more than doubled the size of its first mortgage-backed bond since December 2009, to A$1 billion, on Friday. read more

It was a hectic week for both domestic issuers and for Kangaroo bonds, with several seven-year term deals made. read more

Bendigo and Adelaide Bank will become the second bank to market retail bonds, after the bank announced plans to issue three-year floating rate bonds.  read more

A rating review of the Big Four banks for a possible downgrade by Moody's may have seemed like a late reaction from the ratings agency, but Moody's argues the action is justified when one takes a lo.. read more

In a surprise move, Moody's last night placed the ratings of all the four major banks on review for a possible downgrade, saying the scale of wholesale funding is too high to justify the current rat.. read more

The receivers of South Canterbury Finance have put up a key business unit for sale that will, for the first time, provide an insight into how much the Government can expect to recover from the bigge.. read more