BondAdviser Ratesheet as at 25th January 2019
Please click here to access the BondAdviser Ratesheet as at 25th January 2019.
Please click here to access the BondAdviser Ratesheet as at 25th January 2019.
ANZ’s (ASX: ANZ) issuance of £740 million (~A$1.35 billion) on 11 January 2018 represented the first non-UK bank to launch a SONIA-linked covered bond. The competitive and sizeable issue signifies the emergence of the Sterling Overnight Index Average (SONIA) as an appropriate replacement of the London Interbank Offered Rate (LIBOR) for all issuers. Following the decline in unsecured inter-bank lending [...]
Please click here to access the BondAdviser Ratesheet as at 18th January 2019.
Please click here to access the BondAdviser Ratesheet as at 11th January 2019.
Please click here to access the BondAdviser Ratesheet as at 4th January 2019.
Please click here to access the BondAdviser Ratesheet as at 28th December 2018.
Please click here to access the BondAdviser Ratesheet as at 21st December 2018.
A key concept in all finance is the time value of money. Investors are generally increasingly compensated for lending their money for longer periods of time (assuming same inherent credit risk) with higher returns as demonstrated above in figure 1 below. Figure 1. Australian Swap Curves - Beginning & End 2018 Source: BondAdviser, Bloomberg However, on rare occasions these yield [...]
In April this year, the Banking Royal Commission prompted the first large company scalp with the resignation of AMP’s (ASX: AMP) CEO Craig Meller. Mr Meller’s resignation followed revelations of serious misconduct by the institution for almost a decade and capped off a week in which its failures were brutally and publicly exposed. A few months later in the USA [...]
Please click here to access the BondAdviser Ratesheet as at 14th December 2018.