Australian non-bank lender Columbus Capital has announced the pricing of its $1.5 billion prime residential mortgage-backed security (RMBS).
The transaction, known as Triton 2021, is Columbus Capital's first RMBS in 2021 and represents the lender's largest issuance to date.
RMBS are securities that help financial institutions fund operations.
Columbus Capital lends in Australia...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market review
Expectations for a post-vaccine global rebound were buoyed by further proposed fiscal easing from the new Biden Administration and US Federal Reserve (Fed) signalling of a long period of...
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...
Apple Inc, despite its huge hoardings of cash reserves, has just sold $US14 billion of bonds in order to take advantage of cheap costs for borrowing.
“Apple is returning to the bond market, even with $196 billion of cash on hand, which we believe suggests the pace of shareholder returns...
Are you thinking about investing in fixed income in 2021? Or perhaps, wondering what the experts think is the best place to invest? Well, the snippets below are a great place to start. We’ve compiled outlooks for the fixed income asset class for the year ahead.
There are some common...
The Australian Securities and Investments Commission has issued a warning to investors of a rise in bogus bond investment scams.
It warned of scammers pretending to be associated with well-known domestic and international financial service firms and offering high yield bond investments to investors. ASIC said it has recently become...
The green finance market, similar to almost every other aspect of 2020, was shaped by the COVID-19 pandemic. According to Calvert Research and Management, in the first half of the year, alternative forms of sustainable finance flourished as both governments and corporations sought to combat the effects of the...
After successful bond issues by Western Sydney University (WSU) and University of Wollongong (UOW) late last year, the University of Melbourne is the first Australian corporate to issue a bond in 2021.
The 10-year fixed rate bond has a coupon of 1.97%p.a. and raised $150 million.
Despite being hit by covid...
Embattled Chinese e-commerce giant Alibaba Group will this week look to commence raising between US$5 to 8 billion in a bond issue as it continues to be pressured by regulators and rival players.
First reported by Reuters, the company was expected to use the funds for general corporate expenditure including...
