Humm Group
Green consumer finance expands in Australian ABS
The Australian market saw the pricing of a pair of green-labelled, consumer-finance asset-backed securities (ABS) on the same day – 22 October – in the middle of the local securitisation market’s busiest week of the COVID-19 era. Deal sources say the execution process allowed the deals to come in the hectic week, and that the green element was additive to demand.
Diversity outstrips volume in New Zealand securitisation
Market participants speaking at the second-ever New Zealand Securitisation Forum reflected on the gains the market has made in the last decade. While collateral diversity has increased, issuance volume and frequency lags as regulatory uncertainty and the economic climate continue to create headwinds.
GSS issuance in time and numbers
KangaNews has been tracking the progress of Australian and New Zealand sustainability labelled debt instruments since the market began, including coverage of groundbreaking transactions and keeping extensive issuance data in the KangaNews deal database. A timeline of key developments and data points illustrates market progress over the years.
Diverse Australian securitisation collateral a safe haven as volatility builds
The Australian dollar securitisation market has continued to offer issuance opportunities for originators of a wide range of collateral despite revived rates uncertainty and an uncertain geopolitical backdrop. Recent issuers from outside the prime mortgage sector note ongoing supportive liquidity, improving pricing conditions and a noteworthy level of domestic investor support.
Nonbank issuer profiles and perspectives 2023
Key data and information on 33 nonbank lenders active in Australia and New Zealand including programme information, funding strategy, debt data and issuer insights.
Securitisation finds its role in New Zealand despite near-term headwinds
Participants in the New Zealand securitisation market believe the asset class has an increasing role to play in the local credit landscape on the back of growing momentum in recent years. Economic and regulatory challenges are likely to put a ceiling on near-term growth but there is a baseline level of confidence in asset quality and the risk-return equation of structured finance.
nonbank Yearbook 2024
KangaNews's eighth annual guide to the business and funding trends in Australia's nonbank financial-institution sector.
