Kanga.Trends
Australasian fixed income news from July and August 2011, including coverage and commentary on deal flow and significant market developments.
Feature: Buy options
Issuance in New Zealand has been strong in 2011, although diversity has been limited with a number of sectors falling short of the most optimistic volume expectations. But institutional investors say their supply concerns are minimal, while market participants remain generally optimistic about the future for both supply and demand.
Roundtable discussion: Sound buy and sell side fundamentals support confidence in New Zealand
Although it cannot hope to be immune to global volatility, New Zealand’s capital market is benefiting from solid economics and consistent domestic funds inflows. BNZ and KangaNews gathered a cross-section of local issuers and investors in Wellington on August 19 to discuss turbulence, the changing retail market and multi asset class prospects.
Q&A: AUD on the map as UK funders seek global diversity
Treasury insiders from Lloyds Banking Group and the Royal Bank of Scotland reveal their international funding approaches in a volatile world. Australian dollar funding looks set to remain a key part of both banks’ strategies.
Feature: Not again
Australia has not avoided offshore volatility but local traders say the secondary market performed relatively well throughout August. As domestic major bank paper in particular remains reasonably liquid, market participants agree the situation is not the same as the liquidity crunch witnessed in 2008 – so far.
Kanga.Deals
Exclusive data and league tables for Australian and New Zealand market deals priced in the year to August 31. |
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