On 27 November, Western Australian Treasury Corporation (WATC) (AA+/Aa1) mandated Commonwealth Bank of Australia, UBS and Westpac Institutional Bank as lead managers for a new March 2026, syndicated, floating-rate note (FRN) transaction.
The Reserve Bank of New Zealand (RBNZ) has embarked on an asset purchasing programme as part of its regular open market operations in support of monetary policy goals. KangaNews will provide subscribers with easy access to asset purchase data, which will be updated as information is made publicly available by the RBNZ.
The Australian Sustainable Finance Initiative (ASFI) roadmap, published on 24 November, puts forward a plan to align the Australian economy and financial system with outcomes that encourage sustainability, resilience and future prosperity. It sets ambitious targets, including some that stretch beyond federal government goals, and lays out a timeline for achieving them.
On 24 November, following the release of Victoria’s state budget, Treasury Corporation of Victoria (TCV) (AAA/Aaa) revealed a total funding requirement for 2020/21 of A$45.8 billion (US$33.5 billion). TCV has already raised A$26.3 billion of the total and expects its requirement to fall to A$26.7 billion in 2021/22.