Bonds
Fed ‘dove’ Dudley out soothing frayed nerves and re-iterating actual increase in Fed funds rate was “very likely to be a long way off”
28th Jun 13, 8:32am
Fed ‘dove’ Dudley out soothing frayed nerves and re-iterating actual increase in Fed funds rate was “very likely to be a long way off”
Government wants to regulate how the word 'secured' is used in debt securities sold to the public
27th Jun 13, 11:26am
17
Government wants to regulate how the word 'secured' is used in debt securities sold to the public
BNZ believes current yield curve too steep and should flatten out; expects short end yields to rise as hiking cycle gets under way
27th Jun 13, 8:38am
BNZ believes current yield curve too steep and should flatten out; expects short end yields to rise as hiking cycle gets under way
Our big 4 banks appear to be the developed world's most profitable, based on their pre-tax profit
25th Jun 13, 5:00pm
15
Our big 4 banks appear to be the developed world's most profitable, based on their pre-tax profit
Investors holding $525 mln worth of bonds, paying more than 8% on average and due to mature in July, must be scratching their heads
25th Jun 13, 4:25pm
37
Investors holding $525 mln worth of bonds, paying more than 8% on average and due to mature in July, must be scratching their heads
Swap rates are the pricing base for all corporate bond issuance and mortgage rates; as rates rise the value of a bond portfolio decreases
24th Jun 13, 4:53pm
Swap rates are the pricing base for all corporate bond issuance and mortgage rates; as rates rise the value of a bond portfolio decreases
Bank for International Settlements highlights massive growth of central banks' balance sheets, wary about impact of them ending easy monetary policy
24th Jun 13, 3:42pm
6
Bank for International Settlements highlights massive growth of central banks' balance sheets, wary about impact of them ending easy monetary policy
US 10-year treasury yields hit 2.53%; NZ 10-year swap rates at levels last seen in April 2012
24th Jun 13, 8:18am
US 10-year treasury yields hit 2.53%; NZ 10-year swap rates at levels last seen in April 2012
The holders of $95m worth of stricken SOE Solid Energy's debt remain shrouded in secrecy with Ombudsman too busy to review OIA rejection
21st Jun 13, 4:12pm
13
The holders of $95m worth of stricken SOE Solid Energy's debt remain shrouded in secrecy with Ombudsman too busy to review OIA rejection
2-year swaps hit levels last seen in March 2012 while 10-year swaps close at 4.4% (up 19 bps)
21st Jun 13, 8:29am
2-year swaps hit levels last seen in March 2012 while 10-year swaps close at 4.4% (up 19 bps)
Reserve Bank says NZ's big 4 banks don't need to hold more capital than other banks despite their 'too big to fail' status
20th Jun 13, 5:02pm
Reserve Bank says NZ's big 4 banks don't need to hold more capital than other banks despite their 'too big to fail' status
Latest bond tender of NZ$120 mln received bids for NZ$352 mln with 7-year bonds yielding an average of 3.7805%
20th Jun 13, 2:38pm
Latest bond tender of NZ$120 mln received bids for NZ$352 mln with 7-year bonds yielding an average of 3.7805%
Latest bond tender of NZ$285 mln received bids for NZ$577 mln with 8 year bond yielding an average 4.4648%
20th Jun 13, 8:51am
Latest bond tender of NZ$285 mln received bids for NZ$577 mln with 8 year bond yielding an average 4.4648%
Latest LGFA bond tender softer than previous events with a bid-to-cover ratio of just 2x
20th Jun 13, 8:38am
Latest LGFA bond tender softer than previous events with a bid-to-cover ratio of just 2x
NZ annual current account deficit at 4.8% of GDP, down from 5%
Greens dump pro-money printing policy, call for RBNZ board not just governor to be responsible for OCR decisions and board minutes to be public
19th Jun 13, 10:22am
17
Greens dump pro-money printing policy, call for RBNZ board not just governor to be responsible for OCR decisions and board minutes to be public
LGFA auction likely to be weaker due to factors such as size of issuance, duration risk, swap spread compression and proximity to FOMC meeting
19th Jun 13, 8:04am
LGFA auction likely to be weaker due to factors such as size of issuance, duration risk, swap spread compression and proximity to FOMC meeting
Hedging activity from SME's is likely to limit any downside moves in swap rates
18th Jun 13, 8:38am
Hedging activity from SME's is likely to limit any downside moves in swap rates
Sea-change in market risk sentiment reflected in fast rise of CDS spreads: BNZ's latest 'Credit Monthly' report
17th Jun 13, 11:33am
1
Sea-change in market risk sentiment reflected in fast rise of CDS spreads: BNZ's latest 'Credit Monthly' report
BNZ PMI reading the highest since June 2004 and nudged up short end yields; 2-year swap rates heading towards mid-February highs
17th Jun 13, 8:08am
BNZ PMI reading the highest since June 2004 and nudged up short end yields; 2-year swap rates heading towards mid-February highs
Banks' long-term overseas borrowing costs down 75 basis points year-on-year and downward pressure on retail deposit rates, RBNZ notes
14th Jun 13, 4:17pm
Banks' long-term overseas borrowing costs down 75 basis points year-on-year and downward pressure on retail deposit rates, RBNZ notes
Macquarie analysts call time on yield driven rally in big Australasian bank share prices, say sector now looks fair value
14th Jun 13, 4:16pm
Macquarie analysts call time on yield driven rally in big Australasian bank share prices, say sector now looks fair value
RBNZ's official 90-day bank bill track still implies a first 25bps hike around Q3 next year
14th Jun 13, 8:14am
1
RBNZ's official 90-day bank bill track still implies a first 25bps hike around Q3 next year
RBNZ concerned about hiking the OCR for fear of stronger NZ$, but reluctant to cut as it would create an even bigger housing monster
13th Jun 13, 7:55am
RBNZ concerned about hiking the OCR for fear of stronger NZ$, but reluctant to cut as it would create an even bigger housing monster
Aussie parents of NZ's big banks fighting new international derivatives regulations they say will cost them hundreds of millions of dollars
12th Jun 13, 5:05pm
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Aussie parents of NZ's big banks fighting new international derivatives regulations they say will cost them hundreds of millions of dollars
