National Australia Bank

Thursday, 23 August 2018

NAB says SDG alignment smooths euro green deal process

National Australia Bank (NAB)’s first foray into the euro market for 2018 – five- and 10-year transaction in which the shorter-dated notes were green bonds – garnered a large oversubscription and tightened pricing in a busy market. Deal sources say NAB’s updated green bond programme, which now incorporates the UN Sustainable Development Goals (SDGs) played a part in the deal’s reception.

Thursday, 13 December 2018

Volume down but demand still evident for ABS

Non-residential mortgage-backed securitisation volume is significantly down in 2018 compared with recent years – primarily, sources insist, as a result of lack of supply by regular bank issuers. However, recent nonbank issuers in the auto asset-backed securities (ABS) space say investors are still eager for diverse product, resulting in well supported deals.

Tuesday, 11 December 2018
Dec/Jan 2018/19 Supplement

Bank sustainability market in Australian dollars remains a domestic affair

So far, the only banks to have issued sustainability-themed bonds denominated in Australian dollars have been domestic institutions – just one of the reasons why deal volume has yet to catch fire. One positive sign is the conduciveness of the Australian dollar market for high-grade issuers, including to global supranational, sovereign and agency names.

Monday, 10 December 2018
Dec/Jan 2018/19 Supplement

Financial institution issuer profiles

Key data and information on 23 global bank issuers active in the Australian dollar market. The issuer section includes funding strategy information as well as corporate debt data on profiled borrowers.

Monday, 10 December 2018

NAB launches capped NRMBS 2018-2 transaction

On 10 December, National Australia Bank (NAB) launched its residential mortgage-backed securities (RMBS) deal, NRMBS 2018-2. The forthcoming transaction is capped at A$1.63 billion (US$1.2 billion) and is expected to price on or before 13 December. NAB is sole arranger and lead manager.

Tuesday, 11 December 2018
Dec/Jan 2018/19 Supplement

Global perspectives on bank funding

The international bank debt-issuance market is constantly evolving, with the emergence of total loss-absorbing capacity (TLAC) and renewed volatility among 2018’s most notable developments. KangaNews speaks to funding executives from Asia, Australia, Europe, Japan and North America to get the latest on market conditions and outlook.

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