Govt bond tender
RBNZ survey of inflation expectations shows slight easing in 2-year-ahead expectations from 2.17% to 2.06%
22nd May 13, 8:15am
1
RBNZ survey of inflation expectations shows slight easing in 2-year-ahead expectations from 2.17% to 2.06%
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
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%
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
RBNZ data shows 69% of NZ Govt bonds are owned offshore, up from 68.3% previously
15th May 13, 8:30am
2
RBNZ data shows 69% of NZ Govt bonds are owned offshore, up from 68.3% previously
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
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
AU short-end swaps closed down after RBA rate cut and leaves door open for further cuts
8th May 13, 8:36am
AU short-end swaps closed down after RBA rate cut and leaves door open for further cuts
Bond yields decline further making it hard for investors with cash to find a home
7th May 13, 3:22pm
1
Bond yields decline further making it hard for investors with cash to find a home
Fears of a Spring slowdown in US growth diminish, US long bonds look likely to extend their sell-off
7th May 13, 8:20am
Fears of a Spring slowdown in US growth diminish, US long bonds look likely to extend their sell-off
Stronger-than-expected US nonfarm payrolls pushes US 10-year bond yields up to 1.74%; Equivalent German bond yields also higher
6th May 13, 8:48am
Stronger-than-expected US nonfarm payrolls pushes US 10-year bond yields up to 1.74%; Equivalent German bond yields also higher
Market ratchets up expectations for RBA rate cut on back of weak AU building approvals
3rd May 13, 8:35am
Market ratchets up expectations for RBA rate cut on back of weak AU building approvals
Latest bond tender of NZ$200 mln received bids for $412 mln with weighted average accepted yield of 1.0971% (versus 1.3768% previously)
2nd May 13, 2:16pm
1
Latest bond tender of NZ$200 mln received bids for $412 mln with weighted average accepted yield of 1.0971% (versus 1.3768% previously)
2-10s swap yields at lower end of range and approaching levels that BNZ expects will see a steepening in the curve
2nd May 13, 8:39am
2-10s swap yields at lower end of range and approaching levels that BNZ expects will see a steepening in the curve
NZ 10 year bonds yielding 3.19% and spreads to US and AU equivalents remain at bottom of ranges
30th Apr 13, 8:26am
NZ 10 year bonds yielding 3.19% and spreads to US and AU equivalents remain at bottom of ranges
Latest bond auction attracted coverage of 4.4 times with successful bids at premium to mid point in market
29th Apr 13, 8:39am
1
Latest bond auction attracted coverage of 4.4 times with successful bids at premium to mid point in market
Latest bond tender of NZ$120 mln received bids for NZ$532 mln with 10 year bonds yielding an average of 3.2105%
28th Apr 13, 11:08am
Latest bond tender of NZ$120 mln received bids for NZ$532 mln with 10 year bonds yielding an average of 3.2105%
Market pricing in 50bps of cuts in Australia but RBA may not move just yet
24th Apr 13, 8:53am
Market pricing in 50bps of cuts in Australia but RBA may not move just yet
Expectation in near-term of demand-supply dynamics normalising leading to higher bond yields relative to US and AU
23rd Apr 13, 8:10am
Expectation in near-term of demand-supply dynamics normalising leading to higher bond yields relative to US and AU
Downgrade of UK credit rating helps secure prominence of the few solid triple AAA rated sovereigns such as Australia; NZ benefits by association
22nd Apr 13, 8:35am
Downgrade of UK credit rating helps secure prominence of the few solid triple AAA rated sovereigns such as Australia; NZ benefits by association
NZ 10-year bonds are now within 5bps of last July’s all-time lows
19th Apr 13, 8:19am
NZ 10-year bonds are now within 5bps of last July’s all-time lows
Auction of €3.35b of 10-year debt paid an average yield of 1.28%; German 10-year bond yields slipped from 1.30% to 1.23%
18th Apr 13, 8:56am
Auction of €3.35b of 10-year debt paid an average yield of 1.28%; German 10-year bond yields slipped from 1.30% to 1.23%
Inflation running at bottom of RBNZ target but expected to rise later this year leading to rate hikes in 2014
17th Apr 13, 8:44am
Inflation running at bottom of RBNZ target but expected to rise later this year leading to rate hikes in 2014