BondAdviser Ratesheet as at 4th May 2017
Click here to access the BondAdviser Ratesheet as at 4th May 2017.
4
May, 2017
4
May, 2017
Liquidity in the ASX-Listed Debt & Hybrid Market
When investing in the ASX-Listed Debt & Hybrid market, an important consideration is liquidity. Given the market’s size of ~$60 billion, liquidity can be limited and if a major announcement occurs it may be difficult to get in or out of positions. For this reason, investors may have to accept a lower price to sell or pay a higher price [...]
4
May, 2017
Increased Provisioning for Credit Losses for the Australian Banks
2017 has been marked by both growing global geopolitical risk and uncertainty surrounding the 'overheating' domestic property market. Earlier this month, the Reserve Bank of Australia (RBA) released its Financial Stability Review (click here) focusing primarily on potential economic instability as a result of the high level of household debt. While this is not new, the review highlighted riskier types of borrowing, [...]
3
May, 2017
Boart Longyear: Secured Debt Investors Face Headwinds
Amidst a global downturn in the resources sector, drilling company Boart Longyear (ASX: BLY) has suffered a challenging trading environment resulting in weak liquidity and profitability. In a bid to stay afloat and meet existing debt obligations, the company announced its intention to restructure its debt and capital last year. Earlier this month, BLY indicated that the recapitalisation plan had [...]
3
May, 2017
BondAdviser Ratesheet as at 3rd May 2017
Click here to access the BondAdviser Ratesheet as at 3rd May 2017.
2
May, 2017
BondAdviser Ratesheet as at 2nd May 2017
Click here to access the BondAdviser Ratesheet as at 2nd May 2017.
2
May, 2017
BondAdviser Ratesheet as at 1st May 2017
Click here to access the BondAdviser Ratesheet as at 1st May 2017.
1
May, 2017
Weekly Highlights
As we move into the new month, demand for corporate bonds remains strong. The balance has been skewed for most of 2017, with bonds being easy to sell but difficult to buy. But as primary supply has increased (mostly in institutional markets), this skew has eased slightly. This suggests that credit spreads are likely to trade in a tight range [...]
30
Apr, 2017
BondAdviser Ratesheet as at 28th April 2017
Click here to access the BondAdviser Ratesheet as at 28th April 2017.
27
Apr, 2017
BondAdviser Ratesheet as at 27th April 2017
Click here to access the BondAdviser Ratesheet as at 27th April 2017.
