Latest News

Refine news

UDC Finance’s latest trade attracted four new investors enter the book even though volume was capped at a significantly lower level than its previous deal. Demand and pricing were robust, the issuer says, despite an economic backdrop that seems set to limit securitisation flow in the medium term.

A relatively quiet four-day week in the Australian primary market was highlighted by ANZ Banking Group’s return to domestic term issuance with a A$4.25 billion three- and five-year transaction. Unusually for recent months, there was no Australian securitisation pricing activity though UDC Finance picked up the baton in New Zealand, printing a NZ$300 million auto asset-backed securities trade.