National Housing Finance and Investment Corporation
Social housing proves palatable in NHFIC’s inaugural deal
Australia welcomed its newest high-grade borrower and first programmatic social-bond issuer on 21 March, when National Housing Finance and Investment Corporation (NHFIC) priced its debut transaction. Leads say attractive credit fundamentals led to a well oversubscribed transaction supplemented by incremental demand from the social aspect.
NHFIC lands its largest deal yet
Growing subscription from community housing providers (CHPs) to National Housing Finance and Investment Corporation (NHFIC)’s programme led to the agency’s largest social bond to date.
NHFIC prints A$562 million 12-year social bond
NHFIC launches 12-year domestic social bond
On 23 June, National Housing Finance and Investment Corporation (NHFIC) (AAA by S&P) launched a new 12-year, Australian dollar denominated, social bond. The forthcoming deal is being marketed at 55 basis points area over 10-year futures contract, equivalent to 46.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to lead managers ANZ, UBS and Westpac Institutional Bank.
NHFIC to hold investor call ahead of potential deal
On 22 June, National Housing Finance and Investment Corporation (NHFIC) (AAA by S&P) announced an investor call, to be held on the same day, regarding a potential 12-year Australian dollar denominated social bond deal. ANZ, UBS and Westpac Institutional Bank have been mandated as lead managers.
High-grade issuer profiles and perspectives 2020
Key data and information on 15 high-grade issuers active in the Australasian debt markets, including funding strategy information, debt data and issuer-specific perspectives.
HIGH-GRADE ISSUERS YEARBOOK 2020
The ultimate guide to Australian and New Zealand government-sector borrowers.
