Commonwealth Bank of Australia
The circumstances of 2020 have put particular pressure on corporate treasuries. Where the financial crisis was spawned – and, in Australia’s case, largely remained – in financial markets, COVID-19 rapidly developed from a public-health emergency into the greatest shock the real economy has seen in lifetimes.
On 3 December, ME Bank began taking indications of interest for its capital-relief residential mortgage-backed securities (RMBS) deal, SMHL Securitisation Trust 2020-1. Total indicative volume for the deal is A$500 million (US$370.6 million) and is expected to launch in the week beginning 7 December. ANZ is arranger and joint lead manager alongside Commonwealth Bank of Australia, MUFG Securities and National Australia Bank.
On 2 December, Macquarie Bank (A+/A2/A) launched a new Australian dollar denominated, five-year, senior-unsecured, benchmark transaction, offered in either or both fixed- and floating-rate note formats. Indicative price guidance for the deal is 52 basis points area over swap benchmarks.
On 1 December, Macquarie Bank (A+/A2/A) revealed plans for a new Australian dollar denominated, five-year, senior-unsecured benchmark transaction, offered in either or both fixed- and floating-rate note formats. ANZ, Commonwealth Bank of Australia, Macquarie Bank, National Australia Bank, SMBC Nikko and Westpac Institutional Bank are leading.
WOMEN IN CAPITAL MARKETS Yearbook 2020
KangaNews's first-ever yearbook amplifying female voices in the Australian capital market.