Kanga.Trends
Lehman Kangaroo kicked out of Aussie indices.
Australian banks reorganise offshore origination teams.
ANZ upsizes hybrid to A$1 billion at tight margin.
Struggling FIs have nearly A$20 billion of Australasian debt.
Challenger prices first non-bank Aussie RMBS since July.
MuniFin in and out in a day to double Kauri bond.
St.George to stay out of term market after A$1 billion RMBS.
Westpac NZ launches, then postpones, 2013.
Retail demand holding as ASB upsizes 2014s.
Sponsored report: Strong fundamentals for Aussie ABS
On September 15 Macquarie Bank hosted a forum in London on the Australian securitisation market. Macquarie Bank economists gave an update on the Australian economy and the underlying characteristics of the asset-backed market, while five issuers from Australia discussed recent market trends with a group of European investors.
Feature: Assets backed
Across the globe asset-backed markets have been at the heart of the financial crisis, and Australia has been no exception: securitisation volumes have collapsed while spreads have blown out to unprecedented levels. But with little asset deterioration evident and deals continuing to price, the belief is spreading that the bottom may have been reached.
Feature: Postcards from Germany
Germany’s over-banked market is poised for change. With a wave of consolidation expected to transform the landscape over the next few years, KangaNews explores the state of play within each sector and what issues are impacting funding strategies.
Feature: Covered bond bonanza
It is impossible to look at the funding strategies of German issuers without assessing the boon they have had from Pfandbrief issuance. A raft of debut issuers continues to bring new vitality to a sector which is already the life-blood of Europe.
Kanga.Deals
Exclusive data on domestic, Kangaroo and Kauri deals priced in the year to September 25.
League tables for AU Domestic, AU Domestic + Kangaroo, Kangaroo and Kauri bond markets.
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