Bonds
The market is pricing in a 70% chance of 25 bp hike from RBNZ in 12-months time
24th May 13, 8:55am
The market is pricing in a 70% chance of 25 bp hike from RBNZ in 12-months time
S&P says one in three chance of a cut in Kiwibank's A+ rating in next three years as NZ's economic risks rise; also eyeing how supportive NZ Govt is of struggling NZ Post
22nd May 13, 8:22am
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S&P says one in three chance of a cut in Kiwibank's A+ rating in next three years as NZ's economic risks rise; also eyeing how supportive NZ Govt is of struggling NZ Post
RBNZ survey of inflation expectations shows slight easing in 2-year-ahead expectations from 2.17% to 2.06%
22nd May 13, 8:15am
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RBNZ survey of inflation expectations shows slight easing in 2-year-ahead expectations from 2.17% to 2.06%
Kiwibank credit rating affirmed at AA but Fitch cautions on increasing competition and weaker capital position than rivals
21st May 13, 9:34am
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Kiwibank credit rating affirmed at AA but Fitch cautions on increasing competition and weaker capital position than rivals
Moody’s warns the US sovereign credit rating remains vulnerable to downgrade if projected rise in debt levels is not addressed
21st May 13, 8:21am
Moody’s warns the US sovereign credit rating remains vulnerable to downgrade if projected rise in debt levels is not addressed
PM Key downbeat on Solid Energy's future after Korda Mentha report arrives; says it probably has no equity and he expects banks will have to take haircuts on debt
20th May 13, 4:47pm
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PM Key downbeat on Solid Energy's future after Korda Mentha report arrives; says it probably has no equity and he expects banks will have to take haircuts on debt
RBNZ chooses 'speed limits' and 'tiered limits' to contain banks' high LVR loans rather than outright caps on high LVR lending
20th May 13, 4:18pm
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RBNZ chooses 'speed limits' and 'tiered limits' to contain banks' high LVR loans rather than outright caps on high LVR lending
Investors pile into longer dated NZ bonds causing flattening bias to yield curve
20th May 13, 8:43am
Investors pile into longer dated NZ bonds causing flattening bias to yield curve
Latest bond tender of NZ$120 mln received bids for NZ$480 mln with 10 year bonds yielding an average of 3.3583%
17th May 13, 2:58pm
Latest bond tender of NZ$120 mln received bids for NZ$480 mln with 10 year bonds yielding an average of 3.3583%
Government borrowing program will be $3 bln lower over next the five years: NZDMO
17th May 13, 8:53am
Government borrowing program will be $3 bln lower over next the five years: NZDMO
Budget confirms bond issuance for next 12 months; DMO's desire is for inflation-indexed bonds to reach up to 20% of outstanding bonds
17th May 13, 8:10am
Budget confirms bond issuance for next 12 months; DMO's desire is for inflation-indexed bonds to reach up to 20% of outstanding bonds
Fitch Ratings says government's Budget is encouraging; Labour labels it a ‘blackjack’ Budget
16th May 13, 3:36pm
Fitch Ratings says government's Budget is encouraging; Labour labels it a ‘blackjack’ Budget
NZ Govt forecasts NZ$75 mln surplus in 2014/15; Macro-prudential tools deal signed; NZSF contributions delayed 2 yrs; Central govt may directly issue housing consents
16th May 13, 2:04pm
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NZ Govt forecasts NZ$75 mln surplus in 2014/15; Macro-prudential tools deal signed; NZSF contributions delayed 2 yrs; Central govt may directly issue housing consents
Bill English set to deliver budget with around NZ$800 million of discretionary net new spending as firmer economy gives Govt more leeway 18 mths before election
16th May 13, 8:24am
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Bill English set to deliver budget with around NZ$800 million of discretionary net new spending as firmer economy gives Govt more leeway 18 mths before election
Latest bond tender of NZ$240 mln received bids for NZ$647 mln with new 8 year bond yielding an average 4.115%
15th May 13, 2:23pm
Latest bond tender of NZ$240 mln received bids for NZ$647 mln with new 8 year bond yielding an average 4.115%
New Zealand the world's ninth safest sovereign credit risk, according to credit rating agency Standard & Poor's
15th May 13, 12:19pm
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New Zealand the world's ninth safest sovereign credit risk, according to credit rating agency Standard & Poor's
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage and business lending growth remained above overall market growth in the March quarter
15th May 13, 11:01am
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage and business lending growth remained above overall market growth in the March quarter
RBNZ data shows 69% of NZ Govt bonds are owned offshore, up from 68.3% previously
15th May 13, 8:30am
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RBNZ data shows 69% of NZ Govt bonds are owned offshore, up from 68.3% previously
If a bank failed and the Open Bank Resolution Policy was implemented, how would it affect bank depositors, bondholders and shareholders?
14th May 13, 9:39am
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If a bank failed and the Open Bank Resolution Policy was implemented, how would it affect bank depositors, bondholders and shareholders?
The yield on Japanese 10-year bonds hits 0.80%; If BoJ's policies to stimulate inflation are successful yields are expected to rise higher
14th May 13, 8:34am
The yield on Japanese 10-year bonds hits 0.80%; If BoJ's policies to stimulate inflation are successful yields are expected to rise higher
NZ 10-year yields rise 18 bps last week and our bonds are following sell-offs in offshore markets
13th May 13, 8:26am
NZ 10-year yields rise 18 bps last week and our bonds are following sell-offs in offshore markets
BNZ to spend hundreds of millions of dollars on new core banking system in three to five year project
10th May 13, 4:17pm
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BNZ to spend hundreds of millions of dollars on new core banking system in three to five year project
NZ bonds continue to trek lower with 10-year bond yields sit within 10 bps of all-time lows
10th May 13, 8:35am
NZ bonds continue to trek lower with 10-year bond yields sit within 10 bps of all-time lows
Reserve Bank's move to make the big four banks hold more capital against housing loans adds up to NZ$125 mln on average for each of them
9th May 13, 3:04pm
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Reserve Bank's move to make the big four banks hold more capital against housing loans adds up to NZ$125 mln on average for each of them
BNZ interim net profit after tax drops 15% to NZ$298 mln as expenses and impairments rise
9th May 13, 10:50am
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BNZ interim net profit after tax drops 15% to NZ$298 mln as expenses and impairments rise
