It’s been a busy week for two of Australia's big insurers.
IAG announced it had successfully raised A$450m in a 16 year, non-call six-year (16NC6), tier 2 floating rate note.
The IAG subordinated bond has a first call in December 2026, just over six years after settlement with the final maturity...
Today, the U.S. Federal Reserve will begin purchasing up to US$250 billion in individual corporate bonds as part of its previously announced measures to backstop corporations and their employees.
The Secondary Market Corporate Credit Facility will begin buying a broad and diversified portfolio of corporate bonds to support market liquidity...
Australian investors are largely denied the same range of investment choices as investors in other developed nations and should be outraged.
Corporate bonds mostly remain the domain of institutional and professional investors for no good reason. Positively, companies such as the XTB company, Australian Bond Exchange and other bond brokers...
Unsecured bond holders in Virgin Australia, owed nearly $2 billion, will have their fate decided in the coming weeks with the impending sale of the airline to one of two short-listed U.S.-based bidders.
Virgin most recently raised $325 million through an ASX-listed bond issue and US$425m through the U.S. high...
Global investment manager Blackrock has introduced two new fixed income corporate bond ETFs to investors as part of their iShares ETF portfolio.
The two new funds complement the broader iShares fixed income ETF suite of products, offering Australian investors increased flexibility to optimise fixed-income allocations in their portfolios.
Christian Obrist, Head...
The Federal Government has launched an inquiry to investigate ways to expand the corporate bond market in Australia and provide mum and dad investors with easier, cheaper access to debt securities.
The Committee will consider the tax treatment of corporate bonds as well as the Corporations Act 2001 to determine...
ASX-listed investment manager Neuberger Berman has secured more than $340 million of new investments as part of a capital raising for its NB Global Corporate Income Trust (NBI).
Following settlement, Neuberger Berman will be the largest global fixed income listed investment trust (LIT) on the Australian Securities Exchange (ASX) with...
Leading non-bank lender Firstmac has completed a $1.4 billion RMBS issue – its largest ever public trade – within days of passing the milestone of $11 billion in loans under management.
Managing Director Kim Cannon said a total of 25 institutions had invested in the oversubscribed issue, which was more...
The Reserve Bank of Australia has broadened the range of corporate debt securities that are eligible as collateral for domestic market operations to include non-bank, investment grade securities, to assist with the smooth functioning of Australian capital markets.
Reserve Bank Governor Philip Lowe, following its monthly meeting on Tuesday, announced...
FlexiGroup Limited (ASX: FXL) ( has announced the pricing of A$265m asset-backed securities (“ABS”), supported by a pool of unsecured, consumer receivables originated in Australia under its rebranded Buy Now Pay Later offering - humm.
Flexigroup is a regular ABS issuer and has been executing securitisations of its Buy Now...
