A new partnership between bond broker Australian Bond Exchange (ABE) and financial markets software and services group Iress will enable Australian investors to digitally invest directly in Australian corporate bonds. Under the agreement users of certain Iress products will be able to access all the bonds admitted to trading status...
Virgin Australia bond holders have learned their fate with the release of the Deloitte report to creditors which will see U.S. private equity firm Bain Capital buy the airline for $3.5bn. The deal, which is subject to approval at a creditors meeting on September 4, will see unsecured bond holders...
Australia's retail corporate bond market requires much further simplification and more equitable tax treatment if it is to become more attractive to retail investors, according to submissions to a new Parliamentary Inquiry. After ten years and numerous previous attempts to facilitate a deeper and more active retail corporate bond market...
As published in The Australian on Saturday 15 June 2020 Virgin Australia’s administration is a recent low point for Australian financial markets, with mums and dads being caught holding corporate bonds that may prove worthless. The airline business is inherently risky. Oil prices, currency fluctuations, a commodity-like service and the threat...
As investors move through life, their appetite for risk and reward changes. It’s common for older investors to choose lower risk investments as they have less time to remedy any losses if they occur. While there are no set ‘rules’ for asset allocation by age, one of the most famous...
Income investors are flocking to bonds to shore up income. To put the demand into perspective, consider when global investment firm, KKR launched a high yield credit fund (ASX:KKC) in the second half of last year it was rushed by retail investors.. The fund was set up as a Listed...
Telstra, Transurban and APT Pipelines all issued euro-denominated bonds over the last few months, accessing the busier than usual European bond market. In contrast, the domestic corporate bond market has been relatively quiet until last week when Woolworths broke the drought and bought a $1 billion, dual tranche deal to...
It was a quiet end to the week in the US as most Americans started to leave work (home) for Memorial Day holiday, which usually signals the start of summer; this year will be somewhat different but it looks like the in-laws’ lake camp in upstate NY is already...
As published in The Weekend Australian on 26 June 2020 In the frenzied final days of the sale of Virgin Australia, more than 5000 local bond investors suddenly found themselves centre stage. The surprise departure of Cyrus Capital meant that for a very short time there were two remaining bidders for...
The ANZ bank will return to the Green, Social and Sustainability (GSS) bond market in Australia, after having issued its inaugural Green Bond back in June 2015. The bank has announced the issue of an AUD1.25 billion Tier 2 capital bond linked to the United Nation’s Sustainable Development Goals (SDG),...

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