Tuesday, 08 February 2022
Butterfly Test #1
Tuesday, 01 February 2022
RBA statement marks change in outlook but still dampens hike expectations
Tuesday, 01 February 2022
SSAs get busy as Kauri market demonstrates ongoing appeal
Friday, 21 January 2022
Westpac’s senior return keeps good times rolling in Australian primary market
Latest news
Tuesday, 08 February 2022
KfW launches tap to September 2026 Kangaroo
Tuesday, 08 February 2022
TCorp launches November 2032 sustainability bond via syndication
Tuesday, 08 February 2022
Mizuho Sydney launches three-year FRN
Dec/Jan 2021/2022
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
.
Australian public domestic deal activity
Pricing date | Issuer | Rating | Maturity | Cpn. | Margin (bp) | Vol. (A$m) | Lead(s) |
29 Jun 15 | Nederlandse Waterschapsbank | AA+/ Aaa | 22 Jul 25 | 3.40% | 45/ s-q | 30 | Daiwa |
1 Jul 15 | EUROFIMA | AA+/ Aa1 | 19 Dec 25 | 3.90% | 80.75/ ACGB | 35 | Daiwa, Deutsche, TD |
Public securitisation deal activity
No new deals.
New Zealand public domestic deal activity
No new deals.
AOFM tenders completed and forthcoming
Date | Type | Maturity | Coupon (%) | Volume offered (A$m) | Public allocation (A$m) | Weighted average yield (%) | Cover ratio |
1 Jul 15 | T-bond | 21 Apr 25 | 3.25 | 900 | |||
3 Jul 15 | T-bond | 15 apr 20 | 4.50 | 800 |
Ratings actions
Date | Issuer | Agency | Old rating | New rating |
Change |
1 Jul 15 | Asciano | Moody's | Baa2 | Baa2 |
Rating unaffected following announced indicative acquisition by Brookfield Infrastructure Group. |
Structured finance ratings actions
Date | Issue | Sponsor | Agency | Notes | Old rating | New rating | Change |
29 Jun 15 | Series 2008-1 REDS | Bank of Queensland | Moody's | A | Aaa | Aaa | Rating unaffected following collateral substitution. |
29 Jun 15 | SMHL Series Private Placement Trust 2011-1 RMBS | ME | S&P | A | AAA | AAA | Rating affirmed. |