Bank funding
Offshore bank funding down $36 bln since GFC with banks forced to make more use of deposits
11th Dec 13, 3:59pm
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Offshore bank funding down $36 bln since GFC with banks forced to make more use of deposits
Five-year HSBC bond issue raises $200 mln, priced at 90 basis points over the bank bill rate
4th Dec 13, 2:20pm
Five-year HSBC bond issue raises $200 mln, priced at 90 basis points over the bank bill rate
ASB and IRD's court battle over 'the Yen Transaction' reveals argument over bank claiming tax deductions on foreign exchange losses
22nd Nov 13, 4:46pm
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ASB and IRD's court battle over 'the Yen Transaction' reveals argument over bank claiming tax deductions on foreign exchange losses
CFO Adrienne Duarte says BNZ is the 1st of the big 4 NZ banks to establish funding independence from its Aussie parent
21st Nov 13, 3:32pm
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CFO Adrienne Duarte says BNZ is the 1st of the big 4 NZ banks to establish funding independence from its Aussie parent
ANZ NZ raises NZ$350 mln in three-year floating rate note issue
15th Nov 13, 3:15pm
ANZ NZ raises NZ$350 mln in three-year floating rate note issue
ASB takes legal action against the taxman over potential retrospective tax bill of at least $153 mln
8th Nov 13, 4:23pm
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ASB takes legal action against the taxman over potential retrospective tax bill of at least $153 mln
ASB borrows €500 million in five-year covered bond issue
5th Nov 13, 9:40am
ASB borrows €500 million in five-year covered bond issue
Reserve Bank's Core Funding Ratio hailed a success by the IMF
18th Sep 13, 3:55pm
Reserve Bank's Core Funding Ratio hailed a success by the IMF
Westpac NZ launches fixed rate bond offer, seeking up to $500 mln
9th Sep 13, 3:16pm
Westpac NZ launches fixed rate bond offer, seeking up to $500 mln
Moody's retains 'stable' outlook on NZ banking system, sees margin pressure
ANZ NZ is the latest major bank looking to raise capital through floating rate note offer
21st Aug 13, 4:28pm
ANZ NZ is the latest major bank looking to raise capital through floating rate note offer
ASB five-year domestic debt raising secures NZ$250 mln of fixed rate notes and NZ$275 mln of floating rate notes
17th Jul 13, 4:02pm
ASB five-year domestic debt raising secures NZ$250 mln of fixed rate notes and NZ$275 mln of floating rate notes
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
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
Westpac NZ looks to raise up to NZ$500 mln through floating rate note offer
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
Latest combined core funding ratio for locally incorporated banks at 84.8% versus 75% minimum
8th May 13, 4:02pm
Latest combined core funding ratio for locally incorporated banks at 84.8% versus 75% minimum
Kiwibank may raise money to bolster its capital position to meet potential new Reserve Bank capital requirements
3rd May 13, 3:49pm
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Kiwibank may raise money to bolster its capital position to meet potential new Reserve Bank capital requirements
Kiwibank raises about NZ$188 mln through inaugural covered bond issue in Switzerland secured by NZ residential mortgages
28th Mar 13, 10:09am
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Kiwibank raises about NZ$188 mln through inaugural covered bond issue in Switzerland secured by NZ residential mortgages
Retail investor demand helps BNZ raise NZ$350 mln in oversubscribed bond issue offering both fixed and floating interest rates
26th Mar 13, 4:21pm
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Retail investor demand helps BNZ raise NZ$350 mln in oversubscribed bond issue offering both fixed and floating interest rates
New BNZ senior bond offer margin to be between 1.23% and 1.28% over the 5-year swap rate and 90-day Bank Bill Rate respectively
20th Mar 13, 3:16pm
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New BNZ senior bond offer margin to be between 1.23% and 1.28% over the 5-year swap rate and 90-day Bank Bill Rate respectively
Fresh BNZ bond offer brews, offering both fixed and floating interest rates, after perpetual share issued was called last month
19th Mar 13, 4:28pm
Fresh BNZ bond offer brews, offering both fixed and floating interest rates, after perpetual share issued was called last month
Fitch assigns AAA credit rating to Kiwibank covered bonds, says it can issue up to NZ$3 billion worth
8th Mar 13, 4:04pm
Fitch assigns AAA credit rating to Kiwibank covered bonds, says it can issue up to NZ$3 billion worth
Unlike ANZ, BNZ will call and repay high interest debt security issue rather than rolling it over at a lower interest rate
20th Feb 13, 10:14am
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Unlike ANZ, BNZ will call and repay high interest debt security issue rather than rolling it over at a lower interest rate
BNZ Treasurer says his bank needs to borrow about NZ$1.5 bln this financial year, less than half what was needed in the 2 previous years
19th Feb 13, 4:22pm
BNZ Treasurer says his bank needs to borrow about NZ$1.5 bln this financial year, less than half what was needed in the 2 previous years