The prominence of the residential sector within Australia’s economy and financial markets makes the mortgage a fascinating prospect for sustainable investment evolution. At the Australian Securitisation Forum’s annual conference on 21 November, two market participants closely connected with the development of the local sustainable debt market discussed the prospects for investable green mortgages.
ANZ New Zealand (ANZ NZ) (AA-/A1/AA-) launched a new, indicative NZ$100 million (US$70.2 million), three-year floating rate note (FRN) on 14 December. Indicative price guidance on the forthcoming transaction is 70-73 basis points area over three-month bank bills. The self-led deal is expected to price the day after launch.