Kanga.Trends
AOFM’s new 2030 inflation-linked bond.
WATC prices new 2014.
SAFA’s funding requirement increases.
Kangaroo deals from EUROFIMA, KfW, Rentenbank, EIB, World Bank, EDC, Ontario and BoA.
Domestic majors: three years the sweet spot.
Rabobank returns with increase.
Record issuance from offshore FIs: RBS Australia, BNP Paribas Australia, HSBC Sydney, Credit Suisse Sydney and BoS Australia.
Global banks eyeing Australia: Crédit Agricole and SocGen.
Corporate bonds from Macquarie Uni, Primary Healthcare, DBNGP and Mirvac.
APRA’s APS120 clarification knocks capital status of ABS.
Securitisation deal flow steady: RMBS from FirstMac, Macquarie Securitisation and ME Bank, ABS from FleetPartners and Goodman Wholesale.
Auckland Airport updates Australia and TrustPower readies NZ deal.
Feature: Treasury keys
Re-regulation of the banking sector, at both the international and domestic level, is creating as challenging a task for the Australian banking sector as the financial crisis that spurred it. The treasurers at Australia’s four major banks talk about progress so far and the work still to be done, as well as their calls for an expanded toolkit of funding options.
Roundtable: Bank funders: demand for Australia the constant in an ever-changing environment
In a roundtable sponsored by RBC Capital Markets, senior funding officers at Australia’s big four banks discuss the ever-present spectre of re-regulation as well as the demands of fulfilling their jumbo borrowing requirements.
Roundtable: High-grade issuers: Japanese demand shows growing significance of the global AUD
Supranational and agency issuers met in Tokyo at a discussion sponsored by UBS Investment Bank, revealing that increased Japanese and other international investor appetite for Aussie dollars has resulted in the market becoming truly global. Nevertheless, anomalies still exist – such as the wide spread differential seen between European and non-European high-grade issuers in recent months.
Feature: Engines of recovery
Amid all the talk of the European sovereign debt crises, Germany’s second quarter economic performance exceeded all expectations. The country will need to maintain its fabled resilience as the painful process of fiscal and regulatory rebuilding continues. KangaNews examines the impact on the agency, Landesbank and Pfandbrief sectors.
Kanga.Deals
Exclusive data and league tables for Australian and New Zealand domestic markets as well as Kangaroo and Kauri deals priced in the year to September 30. |
|
|
