This week Australian Bond Exchange (ABE) launched a new high yield bond issue on behalf of Pallas Capital.
ABE is lead manager of the transaction and will make the bond available through the digital IRESS platform, meaning there will be real time prices and data on the security, a first.
Hoping...
KPMG analysis finds that the Australian major banks (‘the Majors’) have reported a significant decline in financial performance for the full financial year 2020.
KPMG’s Major Australian Banks Full Year Analysis Report 2020 finds that the Majors reported a combined cash profit after tax from continuing operations of $17.4 billion,...
Bloomberg and MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, have announced the launch of the Bloomberg Barclays MSCI Emerging Market Asia Credit Environmental, Social, Governance (ESG) index suite for investors.
This is the first Bloomberg Barclays MSCI suite consisting of...
A listed investment trust that provides Australian investors with direct exposure to the Australian corporate loan market has just recorded its third consecutive year since inception of delivering positive returns.
The MCP Master Income Trust (ASX:MXT), launched in October 2017, opened up a sector of the fixed income market that...
There is growing issuance and demand from investors for green bonds. In the last week there have been three new green issues in the Australian market.
1. Lendlease $500m bond
Lendlease’s financing arm Lendlease Finance raised $500m with settlement due 27 October. The seven-year fixed-rate bond has a 3.4% coupon. The...
Online ASX-listed cash management platform Cashwerkz Limited has reported a rise in revenues as a result of recent strategic initiatives in an update provided today to the market.
The company disclosed the following trading update with comment from chief executive Jon Lechte.
Group Revenues
The company announced significant month-on-month growth in revenue...
BetaShares' latest ETF review shows that the Australian ETF industry broke its all-time net flows record for September, receiving more than $2bn of net flows in a single month for the first time.
As a result, and notwithstanding sharply falling global sharemarkets, the industry grew to end the month at...
NABHAs being redeemed at last?
NAB has announced that it will be seeking shareholder approval at its AGM to redeem its NABHA perpetual hybrid in 2021.
The bank also needs board approval which has not yet been granted.
NABHAs were issued more than 20 years ago in July 1999 at a very...
