Senior Debt

• Ian Rogers

Pre-payments by banks ahead of the repayment deadline for the Term Funding Facility have been flowing through, with $30 billion repaid over the last 10 weeks. There is another $65 billion to go. read more

• Ian Rogers

The RBA “does not expect to be increasing the cash rate for at least three years,” the governor Philip Lowe made clear yesterday, fanning the belief that that a cash rate easing (to c10 bps) is near c.. read more

• Bernard Kellerman

As part of the Belt and Road Initiative, the "mega-project" development strategy of the Chinese government, its fourth-largest state-owned lender, Bank of China, has mandated banks across the globe to.. read more

• Banking Day staff

Nick Astwick, chief operating officer at Kiwibank, is leaving to join Southern Cross Health Society as CEO. read more

• John Kavanagh

Australia Ratings has launched a family of indexes that will track the returns of non-government debt securities listed on the Australian Securities Exchange. read more

• Philip Bayley

Corporate bond issuance was at a two-year high in May, with the A$13.1 billion of bonds issued the highest monthly volume since May 2014. This is almost twice the average monthly issuance of $7.3 bill.. read more

• Bernard Kellerman

A securitisation of prime residential mortgages originated by MyState Bank and The Rock Building Society is being shown to institutional investors, and has been given preliminary ratings by Standards.. read more