The Australian Government is planning to issue the first Green Treasury Bond between April and June 2024 and will shortly commence a roadshow ahead of the first issue.
The bond will mature in June 2034. The four-week roadshow will be held in Australia, the UK, Europe, and Asia.
Commonwealth Bank of...
T. Rowe Price has launched the Global Government Bond High Quality Fund as the firm’s seventh Australian Unit Trust (AUT) for wholesale and institutional investors.
The fund seeks capital appreciation and interest income by investing primarily in bonds issued by high quality governments, government-related entities and government agencies located around...
Following the latest RBA rates decision, Mutual Limited’s CIO Scott Rundell looks at the latest sentiment and the outlook.
The last RBA meeting contained some slightly hawkish commentary, or remnants of hawkishness, which was in contrast to peer central banks globally that have flagged peak official rates, with the next...
Australian fixed income app, Blossom, has announced it has expanded its product suite with Blossom Plus. The offering, driven by investor demand for loud budgeting, aims to provide a higher return solution to grow wealth amidst the escalating cost of living.
Blossom Plus will provide Australians access to bond investments...
A significant drop in real household consumption per person of 2.4% over 2023 is the headline stat from the latest National Accounts report. How does this compare to previous years, and what contributed to the fall? Challenger Chief Economist Dr Jonathan Kearns analyses the data.
The National Accounts revealed that...
Aurizon Finance Pty Ltd (Baa1/BBB+) is taking expressions of interest for a 7.5-year Senior Unsecured fixed rate bond with price guidance of +225-230bps area, which is a fixed coupon of approx. 6.4-6.45%.
IAM sees this as an opportunity for investors to gain access to an investment grade corporate deal at...
Insurance Australia Group this week announced the offer of Capital Notes 3, seeking to raise A$300 million. The offer is part of IAG's capital management strategy and the proceeds will be used for general corporate purposes.
IAG Capital Notes 3 are perpetual, convertible, subordinated unsecured notes, issued by IAG.
On Wednesday,...
S&P Dow Jones Indices has launched the SPIVA(R) Australia Year-End 2023 report. The report measures the performance of actively managed funds relative to benchmarks over various time horizons, covering equity, real estate and bond funds, and providing statistics on outperformance rates, survivorship rates and fund performance dispersion. In this...
Emma Lawson, Fixed Interest Strategist - Macroeconomics in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market Review
Markets pushed back the US Federal Reserve's first interest rate cut, amid consensus of a soft economic landing. This allowed most yields to trade around the...
Three Australian companies have been amongst a host of issuers in capital raisings to get the new year underway.
ASX has priced its inaugural notes issue, an A$275 million issue of floating rate, unsecured medium term notes under its newly established Medium Term Notes Programme. The Notes have a coupon...
