July turns into a strong month for debt capital market issuance 03 August 2015 3:51PM A rush of debt capital market issuance at the end of the week took the total for the week to almost A$3.6 billion and monthly issuance to more than A$11.6 billion - making July the second best m.. read more
Westpac's latest hybrid faces an uncertain market 27 July 2015 4:09PM Word in the debt capital market last week was that Westpac would launch a new hybrid note issue today (Monday). The issue size was put at A$750 million. read more
Debt capital market perks up 20 July 2015 4:14PM After weeks of inactivity domestic issuers returned to corporate bond markets with a vengeance last week. read more
Investors should not hold their breath for an income securities buyback 20 July 2015 4:10PM There has been renewed speculation in the past week about whether banks that have issued income securities over the years will buy them back. read more
Comment: no easy answers on capital comparisons 14 July 2015 4:10PM The international capital comparison study released by the Australian Prudential Regulation Authority yesterday spells out the difficulties involved in making any capital adequacy comparisons between.. read more
Dodd-Frank Review charts progress on 'too big to fail' 13 July 2015 3:26PM A review of the 2010 Dodd-Frank Act, which got underway in the United States last week, will provide useful insight into progress US policymakers have made in the development of "too big to fail" poli.. read more
Dry July for corporate bond market 13 July 2015 3:24PM The poor issuance trends of the last couple of weeks of June continued into the first full week of July in the corporate bond market. read more
No actual default by Greece - yet 03 July 2015 4:19PM From both technical and practical perspectives Greece has not defaulted. There will only be a default when lenders to Greece call a default. read more
Genworth's tier two issue may be an abuse of the write-off provision 29 June 2015 4:37PM An issue of tier two capital from Genworth Financial Mortgage Insurance Australia Limited has set an unfortunate precedent in not providing for conversion to equity if a point of non-viability is trig.. read more
A dismal month for the corporate bond market 29 June 2015 4:32PM June has been a dismal month for the domestic corporate bond market. The issuance volume for the month is set to come in at less than half the A$7.1 billion of issuance seen in May. read more