Bank of Queensland
Real-money investors support Australia’s first CPT covered bond
Deal sources say real-money investors embraced Bank of Queensland (BOQ)’s decision to print the first conditional pass-through (CPT) covered bond in Australian dollars. The A$750 million (US$483.8 million) five-year deal priced on 7 May.
Securitisation builds an audience for its diversity story
The Australian Securitisation Forum’s 2023 annual conference attracted a record number of delegates – well over a thousand attended – and offered its most wide-ranging agenda ever. The securitisation industry has navigated higher rates and increasing global uncertainty well to date, with record volume printing in 2023 and a notable uptick in collateral diversity. The road ahead may be tricky but the market is facing it with confidence.
BOQ mandates four-year senior bond
BOQ adds A$40 million to October 2025 line
BOQ launches A$40 million minimum increase to October 2025 line
BOQ plans to meet ABS investors
On 9 October, Bank of Queensland (BOQ) mandated ANZ, Macquarie Bank, National Australia Bank and Westpac Institutional Bank to engage with investors regarding its REDS EHP asset-backed securities (ABS) programme. An Australian dollar denominated transaction from the programme may follow the meetings, which are due to commence during the week of 22 October.
