This month AMP issued a new hybrid. AMP planned to raise $200m via an issue of Capital Notes 2 (ASX code: AMPPB) securities, which it exceeded, raising $275m. The securities are perpetual, convertible, subordinated, non cumulative, unsecured notes and the proceeds used to fund “one or more APRA-regulated entities...
What is a bond?
Companies often need to raise external funds to grow. There are two ways they can do this:
Raise equity by issuing shares
Take on debt by borrowing money
Practically all companies use banks to borrow, but companies can also by-pass the banks and borrow from investors by...
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Government Bond Expert, Charles Jamieson From Jamieson Coote Bonds – Part 1.
Government Bond Expert, Charles Jamieson From Jamieson Coote Bonds Talks About Life And Government Bond Strategies In The Coming Year - Part 1.
I’ve watched...
Worried about growing government debt? Here’s a way to get out (and an option...
Recently, global asset manager T. Rowe Price held a webinar for Australian investors. I’ve transcribed part of the presentation by Emerging Market Bonds and...
Commonwealth Bank Launches New PERLS XIII Capital Notes
The Commonwealth Bank of Australia (CBA) has launched a new tier-one capital transaction PERLS XIII, seeking A$750 million.
The new offer aligns with spreading the...
The Problem With Fixed Income Indices
Is my fund manager doing a good job?
Fund managers play an important role in the provision of secure retirements for millions of Australians. So,...
VIDEO: Why Invest In Fixed Income?
In this instalment of our fixed income educational video series, Fixed Income News Australia Editorial Director Elizabeth Moran details why this asset class is...
