Bank of Queensland has closed its BOQ Capital Notes 3 offer raising $400 million through the issue of four million Capital Notes 3 for $100 each. The Capital Notes 3 are expected to begin trading on 15 November 2022 under the ASX code BOQPG. The first distribution is expected to...
Westpac has raised $2.8 billion this week through a three and five-year Australian dollar bond offer. The bank raised $1.05 billion in its three-year offer paying a margin of 95 basis points over the BBSW for the floating rate note and a yield of 4.99 percent for the fixed rate...
Australian Unity’s $1.9 billion sustainable cash and fixed interest boutique, Altius Asset Management, has released its inaugural bond portfolio impact report to investors. Prepared in collaboration with the Australian Institutional Shareholder Services (ISS) ESG team, the report’s methodology brings global best practice ESG reporting benchmarks to Australian shores. The report covers...
Yarra Capital Management has bolstered its sustainability credentials with the appointment of its first chief sustainability officer, Dr Erin Kuo. Dr Kuo will lead Yarra’s corporate sustainability and work closely with Yarra’s investment teams to support best practice Environment, Social and Governance (ESG) integration into the firm’s investment processes. Before joining...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook. Market Review Markets remained volatile, with yields surging on hawkish US Federal Reserve (Fed) commentary and retreating on expectations that the pace of global tightening may slow. Risk appetite recovered from...
BetaShares provides an overview of this week's Budget keenly watched by investors to gauge the government's priority areas. The Albanese Government has unveiled its first Budget. The Government announced a budget deficit of $36.9 billion for 2022-23, widening to $44.0 billion in 2023-24, $51 billion in 2024-25 and $50 billion in...
The Bank of Queensland has joined the latest rush to issue hybrid securities before the end of the year. BOQ has launched a $300 million raise through its offer of Capital Notes 3. The bank says the funds raised will be used for general funding and corporate purposes. The margin will...
The Australian ETF Industry declined in value in September, driven by sharemarket falls, with Fixed Income and Cash ETFs attracting the largest share of industry flows according to Betashares Australian ETF Review. Fixed Income & Cash ETFs received the lion’s share of industry flows with over 50% of the industry’s...
The Bank of England has warned markets that its bond-buying program will end this Friday despite urgings from pension funds to extend the emergency support due to fears of more market instability. Earlier on Monday the Bank had announced additional measures to support market functioning and an orderly end to...
Global X ETFs Australia has reduced the management fees of its two US fixed-income funds. Effective from 10th October 2022 the fees for the following ETFs have been reduced: ​​​​Global X US Treasury Bond ETF (Currency Hedged) (USTB) has been lowered from 0.30% to 0.20% p.a. Global X USD High Yield Bond...

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