There’s been plenty of new bond issuance lately. It could be institutions wanting to lock in debt after heightened uncertainty due to the Middle East conflict but could also be because they see an increased chance of a rate rise on 7 November.
It’s always good to see how institutional...
Australian investors looking to increase their exposure to Aussie government bonds now have three new ETFs to consider for their portfolios.
VanEck has announced it will launch three Australian government bonds: VanEck 1-5 Year Australian Government Bond ETF (1GOV), VanEck 5-10 Year Australian Government Bond ETF (5GOV) and VanEck 10+ Year...
Yesterday, the Australian Office of Financial Management, on behalf of the federal government, printed an A$14 billion treasury bond, but could have printed more, with the issue attracting bids of A$61 billion.
Government bonds yields have been relatively volatile and the issue yield was very attractive at 3.635%, after the...
Emergency bond buying by the Bank of England is being implemented to stop a slide in British government bonds. The buying commenced on Wednesday.
“… the Bank is monitoring developments in financial markets very closely in light of the significant repricing of UK and global financial assets,” the Bank of England...
The Australian government will lower the amount of bonds it will buy this financial year in response to a better than expected budget deficit fuelled by a strong economic recovery as outlined by Treasurer Frydenberg late last week in the government’s Mid-Year Economic and Fiscal Outlook (MYEFO).
The Australian Office...
The UK Government recently went to the bond market with its first green bond offering, hoping to raise GBP10 billion and was overwhelmed by the response. The 12-year bond was marketed at 87.5 basis points (0.875%) and attracted bids of more than GBP100 billion, demonstrating the appetite for investments...
The Australian Office of Financial Management (AOFM) has revealed its issuance plans of Australian Government Securities in 2021-22 and updated plans for the remainder of 2020-21 following the release of last night’s 2021-22 Budget by the Australian Government.
The AOFM said in a statement its issuance of Treasury Bonds in...
Over the last couple of weeks, global bond markets experienced levels of volatility not seen since March last year when the pandemic hit.
The moves in yields were severe, rocking bond investors as prices fell precipitously, and bond funds globally recorded negative returns for the month of February.
While Australia tends...
The Reserve Bank (RBA) has committed to extending its bond buying program to support recovery as the outlook for the global economy improves.
In an update to new forecasts, RBA governor Philip Lowe announced the Board had decided to purchase an additional $100 billion worth of bonds issued by the Australian...
The Queensland Treasury Corporation (QTC) has issued an enormous bond deal as part of its $21 billion 2021 borrowing program.
The major A$3 billion print is on the back of strong demand signals in the secondary market, particularly around 8–10-year maturities, according to QTC.
The deal, which is being managed by...