Fixed-income investors tackle GSS in depth
Immediately after completing their Fixed-Income Investor GSS Survey, Commonwealth Bank of Australia (CommBank) and KangaNews convened a panel of leading Australian fixed-income investors to discuss and add colour to the survey findings. Investors explain why they think as they do on green, social and sustainability (GSS) issues and share views on how the space may evolve in future.
Corporates find more crisis funding options
The economy-wide impact of COVID-19 has affected Australian corporate borrowers in a host of ways. But access to funds has generally remained in place as issuers navigate a path back to some type of normality – even for those in the most affected sectors.
AOFM and NZDM ramp up the volume in same-day syndications
The Australian Office of Financial Management (AOFM) and New Zealand Debt Management (NZDM) syndicated new bond lines on the same day for the first time, on 14 July. Deal sources say targeting different parts of the curve helped both transactions proceed well.
From the ashes
COVID-19 has spurred record volume of social-bond issuance and some sustainable-finance experts believe the crisis will be the catalyst for much more widespread adoption of the instrument. Despite the best efforts of advocates, however, the hurdles to habitual use of social bonds, especially in the private sector, remain high.
Australian government-sector issuers ride the waves of COVID-19
In June, Westpac Institutional Bank and KangaNews brought together the biggest issuers in the Australian government sector to discuss a rollercoaster ride in markets since the end of March. The issuers describe a relatively straight-line improvement since the thrills and spills of the March-April period, with returning investors supporting increasing issuance volume and liquidity at extended tenor.
Read more: Australian government-sector issuers ride the waves of COVID-19