Mortgage Securitisation
ANZ New Zealand and BNZ top up their funding with euro denominated covered bond issues
ANZ New Zealand and BNZ top up their funding with euro denominated covered bond issues
Citing Resimac & Bluestone withdrawals from NZ, securitisation lobby group pushes for help for non-bank lending institutions
Citing Resimac & Bluestone withdrawals from NZ, securitisation lobby group pushes for help for non-bank lending institutions
Reserve Bank proposals to increase bank capital requirements seen creating residential mortgage market opportunity for non-bank lenders
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Reserve Bank proposals to increase bank capital requirements seen creating residential mortgage market opportunity for non-bank lenders
Five credit unions to seek member backing for transfer of engagements to Credit Union Baywide from March 11 to March 15
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Five credit unions to seek member backing for transfer of engagements to Credit Union Baywide from March 11 to March 15
ANZ NZ prices five-year covered bond issue at 33 basis points over euro swap rate
Finance company Avanti completes first issue of residential mortgage backed securities
Finance company Avanti completes first issue of residential mortgage backed securities
About 11.4% of NZ home loans, and 12.1% by value, are now providing security for covered bonds issued by NZ banks to predominantly overseas institutional investors
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About 11.4% of NZ home loans, and 12.1% by value, are now providing security for covered bonds issued by NZ banks to predominantly overseas institutional investors
Latest euro covered bond issue from Westpac NZ prices at tightest margin over swap by a NZ bank to date, Treasurer 'pleased with reception and pricing'
Latest euro covered bond issue from Westpac NZ prices at tightest margin over swap by a NZ bank to date, Treasurer 'pleased with reception and pricing'
Aussie regulator heightens oversight of banks' interest-only mortgages, property investor lending, serviceability metrics and mortgage securitisation
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Aussie regulator heightens oversight of banks' interest-only mortgages, property investor lending, serviceability metrics and mortgage securitisation
RBNZ's Grant Spencer says review of residential mortgage-backed securities aims to make them more attractive for investors and give banks a new funding option
RBNZ's Grant Spencer says review of residential mortgage-backed securities aims to make them more attractive for investors and give banks a new funding option
ANZ NZ in €1 billion (about NZ$1.55 billion) seven-year covered bond issue
European institutional investors keen on NZ bank bonds ahead of UK vote on EU membership
European institutional investors keen on NZ bank bonds ahead of UK vote on EU membership
BNZ borrows NZ$300 mln through 7-year covered bond issued to local institutional investors
BNZ borrows NZ$300 mln through 7-year covered bond issued to local institutional investors
Credit Union South to cut funding costs & boost lending growth through up to $50m of lending from Westpac mortgage securitisation
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Credit Union South to cut funding costs & boost lending growth through up to $50m of lending from Westpac mortgage securitisation
Big five banks treading water with covered bonds
Big five banks treading water with covered bonds