The new Macquarie Group Capital Notes 5 (MQGPE) offer has been swamped with demand and repriced to a margin lower than the 3.00-3.20% bookbuild range at a final margin of 2.90% above 3 month bank bill.
On Friday, Macquarie Group Limited announced the allocation of A$550 million of MQGPE to...
A green and sustainable bond fund open to wholesale and retail investors has been launched by Artesian Capital Management and in a short amount of time has beaten its benchmark in each of the five months since inception.
The Artesian Green & Sustainable Bond Fund (AUD) has been running since...
At FINA, we track fixed income ETFs and managed funds with our ‘Finders’ to help you narrow your search for products that might suit your portfolio.
We don’t make any recommendations as such but try to help you work out what is important.
When assessing fixed income ETF performance, the first...
The Reddit mania that catapulted GameStop shares has "reverberated through to the bond market", according to global equity manager Eaton Vance.
Eaton Vance put AMC Entertainment, one of the largest movie theatre operators in the US and a prominent player in the European market, under the microscope.
Portfolio managers at Eaton...
Macquarie Group Limited (MGL) has launched its Capital Notes 5 (MQGPE) to replace its $531 million Capital Notes 2 (MQGPB) ahead of that issue’s first optional exchange on 17 March 2021. The offer is for $500 million.
According to Bell Potter, new hybrid issues are increasingly aligned to maturing hybrids...
From BondIncome Trading Desk
Overview
Recently the RBA announced the extension of the Quantitative Easing program. The RBA will purchase an additional $100bn in federal and state government bonds following the completion of the current program due to finish in April-2021.
RBA Governor notes “The Board will not increase the cash...
A green bond offering of US$144 million is being prepared by Altech Chemicals to help secure the remaining financing required for its high purity alumina (HPA) project in Johor, Malaysia.
The Perth-based, ASX-listed company this week announced it was working closely with London structuring agent Bedford Row Capital and Bluemount...
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...
