Covered bonds drive record issuance quarter in Australian domestic marketThe pricing of the first three home-currency covered bonds by Australian major banks helped take first quarter issuance in the domestic credit market to an all-time record outside the era of government-guaranteed flow. While the combined covered bond volume of A$9.6 billion (US$10 billion) accounted for over 40 per cent of primary domestic market activity, overall issuance showed signs of diversity especially later in the quarter.
Latest Issue 2013 May
Asset allocation innovations. Corporates in focus: offshore funding and equity credit hybrids. RBNZ on the pourpose of OBR. Plus news, commentary, market analysis and deal data.