Butterfly Test #1
RBA statement marks change in outlook but still dampens hike expectations
SSAs get busy as Kauri market demonstrates ongoing appeal
Westpac’s senior return keeps good times rolling in Australian primary market
Latest news
KfW launches tap to September 2026 Kangaroo
TCorp launches November 2032 sustainability bond via syndication
Mizuho Sydney launches three-year FRN
In this issue
In this issue
- Australian big-four bank heads of funding roundtable
- Corporate credit issuer and investor outlook
- New Zealand and climate risk reporting
- APRA reveals climate-change risk assessment
- Foreign-currency issuance back on the cards for Australian securitisers
- EIB relishes role as Europe's climate bank
- KangaNews Awards 2021 institutional and deal winners
- Revived attempts to kick-start Australian retail corporate bonds
- Analysing the future of working practices
- A future for blockchain bonds?
- Sustainable funding accelerates in New Zealand
Issuer name: Queensland Treasury Corporation
Issuer rating: AA+/Aa1
Issue rating: as issuer
Pricing date: January 29 2016
Settlement date: February 5 2016
Maturity date: July 21 2026
Lead managers: ANZ, Deutsche Bank, Westpac Institutional Bank
Volume: A$1.1 billion (US$780 million)
Total outstanding in this line: A$2.85 billion
Coupon type: fixed
Coupon rate: 3.25%
Issue/re-offer price: 99.254% (plus 0.134% accrued)
Issue yield: 3.335%
Margin to ACGB: 66.25bp/April 2026
Issuer's previous syndicated issue date: October 27 2015
Previous issue maturity: July 21 2026
Previous issue volume: A$1.75 billion
Previous issue margin: 63bp/ACGB
On September 2, SGSP Australia Assets (SGSP) (BBB+/A3) mandated a series of debt investor meetings in Melbourne, Sydney, Singapore, Hong Kong, London and Frankfurt in the week commencing September 7. According to the meetings' arrangers Commonwealth Bank, Deutsche Bank, HSBC, Mizuho Securities, National Australia Bank and Westpac Institutional Bank, the issuer is "exploring funding opportunities across a range of markets".
Read more: SGSP prepares to update Australian, Asian and European investors