BondAdviser Ratesheet as at 20 June 2016
Click here to access the BondAdviser Ratesheet as at 20 June 2016
20
Jun, 2016
14
Jun, 2016
9
May, 2016
Bank Reporting Wrap-Up
The March 2016 quarter (1Q16) major bank reporting season kicked off last Monday with Westpac and ended with the Commonwealth Bank of Australia this morning. Across the sector profit growth was mixed with both ANZ & the NAB’s headline Statutory Net Profit/Loss after Tax (NPAT) being dragged down by various one-off write downs. Westpac was a picture of stability [...]
26
Apr, 2016
Historical Trading Margins (across the Bank Capital Structure)
Rebased Bank Index
26
Apr, 2016
Woolworths Increases Loan to A$2b-Equiv. From A$1.2b
CLOSED: Woolworths Increases Loan to A$2b-Equiv. From A$1.2b (Source: Bloomberg) -- The Australian dollar tranches were upsized as 49 banks committed, according to people familiar with the matter, who are not authorized to speak publicly and asked not to be identified. Tranches: (A)A$700m 3Y revolver (B)A$965m 5.5Y revolver (C)$260m 5.5Y term loan Allocations: MLAs: ANZ: (A)A$11m (B)A$14m CBA: (A)A$11m (B)A$14m [...]
13
Apr, 2016
What is Riskier: High Yield Bond or a Bank Hybrid?
Over the past couple of years there has been increased focus on high yield securities as government bonds have fallen to all time lows. A portfolio of high yielding securities therefore requires an understanding of the different types of securities available. Investors have definitely moved up the risk spectrum into high yield bonds and/or hybrids. While we are not suggesting [...]
29
Feb, 2016
BondAdviser Ratesheet as at 29 February 2016
Click here to access the BondAdviser Ratesheet as at 29 February 2016
28
Feb, 2016
22
Feb, 2016
16
Feb, 2016
New Issue: PERLS VIII – Do Not Subscribe
New Issue: PERLS VIII - Do Not Subscribe On the 16th of February 2016 the Commonwealth Bank of Australia (CBA) announced a new transaction, PERLS VIII (Prospective ASX Code: CBAPE). The purpose of this transaction is to provide funding for the group but more specifically it will be treated as additional Tier 1 capital for regulatory purposes. The indicative size [...]
