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...
Frank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Market review
Despite ongoing COVID-19 outbreaks, the commencement of vaccination programs and another round of fiscal easing in the United States helped buoy investor sentiment. Equity markets had another strong month,...
On Friday, ASIC announced it had commenced civil penalty proceedings against La Trobe Financial Asset Management Ltd in its capacity as responsible entity for the La Trobe Australian Credit Fund.
ASIC alleges that La Trobe marketed the fund in ways that were misleading or deceptive, citing customers that wished to...
In the last week, the market has continued to surprise us, with three milestones.
Australian Government bonds for the first time ever sold at negative yields.
When government bonds first come to market, the AOFM announce a new issue, the amount they hope to raise along with the term and...
