Debt-market-relevant institutions are increasingly integrating the UN sustainable development goals (SDGs) into their sustainability agendas, with potential consequences for green and social funding. The critical role of the SDGs is to provide a common language for capital-markets participants to assess impact.
A trio of subordinated corporate debt deals priced in New Zealand between late May and early July, in what intermediaries say is a sign that local retail investors are supportive of issuance despite challenges in other funding markets. Scarcity of debt securities with the attractive headline yield offered by sub debt drove demand, they add.
In the 2018 iteration of the KangaNews Fixed-Income Research Poll, Commonwealth Bank of Australia (CommBank) maintained the dominant position it has established in recent years. The CommBank team sat down with KangaNews to reflect on the market-shaping factors of the past 12 months and to reveal the main watch points.