Last Friday, CBA launched and issued a new subordinated bond into a hotly contested market.
Price guidance for the (15NC10) 15-year, non call, 10 issue was 175bps, but the fixed to floating rate issue printed at 165bps. The initial fixed coupon rate was 6.152% for the expected S&P Global rated...
Betashares has launched an ETF to invest fully in an ethically-screened portfolio of Australian bonds.
The Betashares Ethical Australian Composite Bond ETF (ASX: AEBD) offers investors exposure to a diversified portfolio of high-quality Australian corporate and government bonds that are screened to exclude issuers (other than sovereign bond issuers) with...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
October was characterised by an outsized lift in yields, driven from the US market. The Australian bond market, as measured by the Bloomberg AusBond Composite 0+...
S&P Dow Jones Indices (S&P DJI) has published the SPIVA Australia Focus Mid-Year 2024 Highlights, which tracks the performance of actively managed funds in Australia versus their respective benchmarks across various time horizons.
According to the report’s findings, over the six-month period ending June 2024:
A majority (54%) of funds across...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
Bond markets tempered the outlook post an outsized US Federal Reserve (Fed) policy easing. The Australian bond market, as measured by the Bloomberg AusBond Composite 0+...
From Harvey Bradley, Portfolio Manager at Insight Investment regarding Reserve Bank of Australia interest rates decision.
The RBA left rates unchanged at their September meeting as the market had expected.
The domestic activity and labour market data has continued to be robust, which negates the need for the RBA to join developed...
The Australian Prudential Regulation Authority has put bank hybrid securities on notice with the release of a discussion paper proposing changes to the capital framework requirements for banks.
APRA is proposing that banks phase out the use of AT1 capital instruments (often called hybrid bonds, or capital notes) and replace...
Russell Investments has released the findings from its latest annual Value of an Adviser Report.
The report reveals financial advisers added at least 5.7% in value for clients over the past year by providing counsel across the full breadth of their affairs – from investing to tax planning, social security...
Australia's economy grew by 0.2 per cent in the June quarter, and 1 per cent over the last year, according to data released by the Australian Bureau of Statistics.
It is the weakest rate of annual growth Australia has recorded in years, in seasonally adjusted terms.
Andrew Canobi, Director Franklin Templeton...
FIIG Securities has opened applications for its second managed Fund, the FIIG Monthly Income Fund, designed to provide investors with a diversified portfolio of stable monthly income through investments in Australian and Global floating and fixed-coupon corporate credit and Asset-Backed Securities, while managing interest rate risk.
The Fund adds to...
