Bonds
Market left dazed and confused after Fed comments surrounding the removal of its US$85 bln/month bond buying programme
16th Jul 13, 9:31am
1
Market left dazed and confused after Fed comments surrounding the removal of its US$85 bln/month bond buying programme
An RBNZ announcement on LVR restrictions could prompt markets to blur the lines between this mandate and CPI price stability prompting a pull back of expectations for OCR hikes
16th Jul 13, 8:44am
An RBNZ announcement on LVR restrictions could prompt markets to blur the lines between this mandate and CPI price stability prompting a pull back of expectations for OCR hikes
Figures out this week may increase the perils of the central bank's juggling act between facing virtually no inflation now and the future risks of the rising housing market
12th Jul 13, 1:39pm
35
Figures out this week may increase the perils of the central bank's juggling act between facing virtually no inflation now and the future risks of the rising housing market
ASB launches NZ$100 mln 5-year bond issue open to unlimited oversubscriptions through a combination of fixed rate and floating rate notes
12th Jul 13, 10:41am
ASB launches NZ$100 mln 5-year bond issue open to unlimited oversubscriptions through a combination of fixed rate and floating rate notes
Italian's fall short of maximum target in latest auction following a reduction in appetite in the wake of the recent ratings downgrade
12th Jul 13, 8:27am
Italian's fall short of maximum target in latest auction following a reduction in appetite in the wake of the recent ratings downgrade
Treasury forecasts government debt blowout by 2060 without pension or health spending changes due to ageing population; suggests options for reform; says no crisis for now
11th Jul 13, 2:15pm
29
Treasury forecasts government debt blowout by 2060 without pension or health spending changes due to ageing population; suggests options for reform; says no crisis for now
Italian borrowing costs rose after downgrade from rating agency S&P; Italy’s long-term credit rating now BBB with negative outlook
11th Jul 13, 8:13am
1
Italian borrowing costs rose after downgrade from rating agency S&P; Italy’s long-term credit rating now BBB with negative outlook
NZ fixed interest markets ignored solid Q2 QSBO survey and NZ retail card spending data preferring instead to take lead from offshore
10th Jul 13, 8:09am
NZ fixed interest markets ignored solid Q2 QSBO survey and NZ retail card spending data preferring instead to take lead from offshore
Westpac NZ raises NZ$385 mln in floating rate note issue, initial interest rate set at low end of indicative range
9th Jul 13, 4:41pm
Westpac NZ raises NZ$385 mln in floating rate note issue, initial interest rate set at low end of indicative range
Swap rates are increasing due to a lift in hedging activity (households and businesses) and a more positive economic outlook for NZ and US
9th Jul 13, 9:56am
1
Swap rates are increasing due to a lift in hedging activity (households and businesses) and a more positive economic outlook for NZ and US
NZ 10-year government bonds yielding above 4.4% and should begin to appear attractive relative to Australian and US equivalents
9th Jul 13, 8:52am
NZ 10-year government bonds yielding above 4.4% and should begin to appear attractive relative to Australian and US equivalents
Standard & Poor's says it has downgraded the Christchurch council's ratings due to 'significant issues' around the building consents process
8th Jul 13, 4:58pm
7
Standard & Poor's says it has downgraded the Christchurch council's ratings due to 'significant issues' around the building consents process
Westpac NZ looks to raise up to NZ$500 mln through floating rate note offer
NZ yield curve expected to steepen after US Non-Farm payrolls came in above expectation and US 10-year yields shot to almost 2.75%
8th Jul 13, 8:46am
NZ yield curve expected to steepen after US Non-Farm payrolls came in above expectation and US 10-year yields shot to almost 2.75%
Latest bond tender of NZ$300 mln received bids for $446 mln with weighted average accepted yield of 2.2455% (versus 1.4804% previously)
5th Jul 13, 10:44am
1
Latest bond tender of NZ$300 mln received bids for $446 mln with weighted average accepted yield of 2.2455% (versus 1.4804% previously)
NZ budget deficit lower than expected again as stronger corporate profits and stock markets boost tax returns and abnormal gains
5th Jul 13, 10:22am
23
NZ budget deficit lower than expected again as stronger corporate profits and stock markets boost tax returns and abnormal gains
Citigroup analyst puts the spotlight on the big 4 Australasian banks' bribery and corruption risk
3rd Jul 13, 4:44pm
Citigroup analyst puts the spotlight on the big 4 Australasian banks' bribery and corruption risk
Markets turned on head as 'QE drug addicts' react violently to Fed threatening to take away their monthly fix
3rd Jul 13, 3:25pm
1
Markets turned on head as 'QE drug addicts' react violently to Fed threatening to take away their monthly fix
Open Bank Resolution policy now in the RBNZ's toolkit, any use would be 'assessed on a case-by-case basis'
3rd Jul 13, 1:38pm
1
Open Bank Resolution policy now in the RBNZ's toolkit, any use would be 'assessed on a case-by-case basis'
Australian economic under-performance seen as underwriting another round of RBA rate cuts
3rd Jul 13, 7:57am
Australian economic under-performance seen as underwriting another round of RBA rate cuts
Opinion: It's the end of an era of 'incredibly low' interest rates, but borrowers shouldn't necessarily rush in to fix, boots & all
2nd Jul 13, 5:15pm
19
Opinion: It's the end of an era of 'incredibly low' interest rates, but borrowers shouldn't necessarily rush in to fix, boots & all
The RBNZ says it lets NZ banks use more assets as covered bond security than their Aussie counterparts because it doesn't want to stop small bank issuance
2nd Jul 13, 4:05pm
5
The RBNZ says it lets NZ banks use more assets as covered bond security than their Aussie counterparts because it doesn't want to stop small bank issuance
Forsyth Barr reviews countries who have implemented LVR restrictions; finds mixed results but encouraging signs for the RBNZ
2nd Jul 13, 9:04am
Forsyth Barr reviews countries who have implemented LVR restrictions; finds mixed results but encouraging signs for the RBNZ
Positive sentiment helped by PMI Manufacturing upside surprises on both sides of the Atlantic
2nd Jul 13, 8:27am
Positive sentiment helped by PMI Manufacturing upside surprises on both sides of the Atlantic
Co-operative Bank boss expects 'a major response' from the Govt and regulators if S&P follows through with threat to downgrade 8 institutions
1st Jul 13, 4:17pm
2
Co-operative Bank boss expects 'a major response' from the Govt and regulators if S&P follows through with threat to downgrade 8 institutions
