• Contact
  • Feedback
Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

Briefs: Flexigroup prices ABS notes, ANZ picks CMC for white-label and RBNZ dashboard

15 February 2017 4:26PM
FlexiGroup has priced a new series of asset-backed floating-rate notes, backed by consumer finance loans, originated and serviced by Certegy Ezi-Pay, whose ultimate parent is FlexiGroup. At the 6 February 2017 cut-off date, the total collateral pool was over 128,000 individual consumer loan contracts. Commonwealth Bank of Australia arranged the deal, which priced more tightly than expected when launched yesterday: the A1 notes priced at 70 basis points over the one-month bank bill swap. The B-notes priced at 195 bps over BBSW. Pricing on the other four tranches was not disclosed. ANZ is on the verge of selecting CMC Markets to supply the back enmd for its ANZ Share Investing platform (formerly E*Trade), under a white label arrangement, the Financial Review reports in its Street Talk column. CMC beat Bell Financial Group dropping out of the race for the broker formerly known as E*Trade. The deposit book linked to the business is also staying with ANZ. The Reserve Bank of New Zealand said  its proposed 'Dashboard' approach to quarterly disclosure for locally incorporated banks remained its preferred option. Deputy Governor Grant Spencer said 18 submissions from banks and others were "supportive of the Reserve Bank's objective to improve the effectiveness of public disclosures by banks, but some raised issues about publication timing, control of the data published, data comparability and the proposed inclusion of short term liquidity metrics."

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day
Stay Ahead. Stay Informed.
Concise. Candid. Provocative.
Get the daily banking news that matters
Banking Day – Your trusted source for independent financial insights.
Subscribe Now

Finance regulation

  • States take up the cudgels on eConveyancing
  • Firstmac failed design and distribution rules
  • 'Minimal' bankruptcy reforms tabled by Dreyfus

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con
  • Credit quality dogs Zip turnaround

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use