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Research reports on both ASX-listed and over-the-counter fixed income securities
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BA (Hons) Law Corporate Lawyer Risk Committee Member Employed by Bond Adviser for over three years
Activity proved considerably more muted in November, with the RBA electing to leave the cash rate unchanged at 75 basis points. Rate momentum slowed after a difficult month for depositors, with less pressure on banks to preserve margins. While the RBA Board has signaled a willingness to lower rates further in 2020, the rate environment for the moment remains largely [...]
October proved to be another active month for the TD market and again a very poor month for TD investors as all banks bar one, slashed offerings across all tenors in reaction to the RBA’s subsequent rate cut, which saw the cash rate lowered by 25 basis points to 0.75%. In the short term (ST) market, BOQ (-0.05%) continued to [...]