Tuesday, 03 November 2020
Oct/Nov 2020

ING holds the line on Australian ambitions

The events of 2020 could have tested ING Bank’s commitment to building its wholesale balance sheet in Australia. Instead, says Charles Ho, the bank’s Sydney-based managing director and head of wholesale banking, it has used its sectoral expertise and strong local retail brand to grow its exposure – and prepare for a further expansion of debt-market coverage.

Thursday, 28 July 2022
Jun/Jul 2022

Australian banks cover up through ongoing volatility

Australian banks turned defensive in Q2, printing a flurry of covered bonds as market volatility continued to dominate funding conversations. Issuers say liquidity is still readily available but tenor has shortened.

Wednesday, 01 June 2022

BOQ lauds cost of funds outcome from euro covered-bond return

Bank of Queensland returned to euro covered-bond issuance on 31 May, using a window between its half-year results and the European summer market slowdown to deliver what the bank says is a highly competitive cost of funds. The issuer says it had no qualms about execution that was timed to suit its own funding strategy.

Friday, 20 May 2022

European Investors help ING Bank place seven-year covered bond

ING Bank Australia leaned on European and UK investors to place the seven-year tranche of its latest covered bond, the first Australian dollar deal in the format to feature this tenor since 2005. The issuer says the maturity attracted new investors and supported successful execution.

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