Australian Securities Exchange
Brighter futures
Investors are adjusting to a new normal in the Australian high-grade market as conditions settle after March’s turmoil. Reserve Bank of Australia (RBA) bond purchases slowed to a halt by the mid-way point of the year, but investors say its presence is still bringing stability and creating opportunities.
ASX to engage investors on three-year benchmark FRN
Australian market takes stock of new inputs
Conversations at the KangaNews Debt Capital Market Summit, which took place in Sydney on 20 March, naturally focused on the fallout from bank collapses that immediately preceded the event. The overall view was that relatively positive conditions in the fixed-income market would be reshaped but perhaps not fundamentally weakened by the emerging developments.
Inflation, rising rates take centre stage at KangaNews summit
The KangaNews Debt Capital Market Summit returned to Sydney as an in-person conference in May. Discussions covered a range of topics including rising inflation, central bank policy and trading in a highly volatile market. The increasing interest in environmental, social and governance issues was another talking point.
Uncleared margin and central clearing access
The introduction of uncleared-margin rules for OTC derivatives in Australia is leading market participants to consider central-clearing solutions. As the regulations capture a growing number of users, ASX says the need to move away from bilateral trading and manage compliance obligations is growing.
Market function at a critical juncture
The KangaNews Debt Capital Markets Summit 2021 virtual event took place on 9 June, ahead of another important period for the Australian economy and market’s emergence from the COVID-19 crisis. Discussions throughout the day reiterated the importance of Reserve Bank of Australia policy settings for determining the path of both.
