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Suraj Varma

About

Member for

7 years 4 months

Latest articles

NZ Govt Bond Tender #600; coverage ratio drops from 7.13 to 4.5 times and spread between tendered yields up to 0.12 bps from 0.09 bps; weighted average yield drops from 3.14% to 2.90%
20th Apr 17, 2:42pm
NZ Govt Bond Tender #600; coverage ratio drops from 7.13 to 4.5 times and spread between tendered yields up to 0.12 bps from 0.09 bps; weighted average yield drops from 3.14% to 2.90%
September 2035 Government inflation-linked tender #599; coverage ratio, lowest since August, drops to 2.34; weighted average yield down 27 bps to 2.14%
13th Apr 17, 2:28pm
September 2035 Government inflation-linked tender #599; coverage ratio, lowest since August, drops to 2.34; weighted average yield down 27 bps to 2.14%
A review of things you need to know before you go home today; Westpac raises floating rates; Crown surplus rises; a million more passenger trips; fatal crashes cost $4.7 mln; busy month for rentals; weak Chinese PMI; swaps lower; NZD flat
6th Apr 17, 3:59pm
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A review of things you need to know before you go home today; Westpac raises floating rates; Crown surplus rises; a million more passenger trips; fatal crashes cost $4.7 mln; busy month for rentals; weak Chinese PMI; swaps lower; NZD flat
LGFA Bond Tender Number 45; strong demand for Local Government bonds and at a lower price, with a weighted average coverage ratio of 3.77 and 27.5 bps decrease in comparable yields; a decrease 10-15 bps greater than the fall in Government bonds
5th Apr 17, 2:46pm
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LGFA Bond Tender Number 45; strong demand for Local Government bonds and at a lower price, with a weighted average coverage ratio of 3.77 and 27.5 bps decrease in comparable yields; a decrease 10-15 bps greater than the fall in Government bonds
A review of things you need to know before you go home Wednesday; Productivity Commission's report; R&D spending growth positive; tertiary academics under pressure to lower standards; Trump's wall faces funding pressures; local swap rates up; NZD lower
29th Mar 17, 3:59pm
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A review of things you need to know before you go home Wednesday; Productivity Commission's report; R&D spending growth positive; tertiary academics under pressure to lower standards; Trump's wall faces funding pressures; local swap rates up; NZD lower
Tender 598 of NZ$150 mln 2037's received bids of NZ$421 mln at a coverage ratio of 2.8, the lowest since December; average weighted yield of 3.84%, 10 bps below previous tender, has fallen for the past four issues
24th Mar 17, 2:23pm
Tender 598 of NZ$150 mln 2037's received bids of NZ$421 mln at a coverage ratio of 2.8, the lowest since December; average weighted yield of 3.84%, 10 bps below previous tender, has fallen for the past four issues
A review of things you need to know before you go home on Friday; PMI rebounds; consumer confidence eases but still positive; Fletcher building review construction business and earnings forecast; Saudi king makes deals in China
17th Mar 17, 3:58pm
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A review of things you need to know before you go home on Friday; PMI rebounds; consumer confidence eases but still positive; Fletcher building review construction business and earnings forecast; Saudi king makes deals in China
NZ Govt Bond Tender #597; average weighted accepted yield decreased slightly to 3.13% (previously 3.23%); coverage ratio rises from 2.76 to 7.13
16th Mar 17, 2:14pm
NZ Govt Bond Tender #597; average weighted accepted yield decreased slightly to 3.13% (previously 3.23%); coverage ratio rises from 2.76 to 7.13
A review of things you need to know before you go home on Wednesday; mortgage and term deposit rate changes; housing leads inflation; Downer to buy Hawkins; Chinese facing trouble investing overseas; corruption a big issue in Asia; swap rates steepen
8th Mar 17, 3:59pm
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A review of things you need to know before you go home on Wednesday; mortgage and term deposit rate changes; housing leads inflation; Downer to buy Hawkins; Chinese facing trouble investing overseas; corruption a big issue in Asia; swap rates steepen
A review of things you need to know before you go home on Friday; Auckland sales drop but building work continues to grow; record car sales; job growth flattening; commodity prices rise; sharemarket manipulator found guilty; more schools; NZD falls
3rd Mar 17, 4:00pm
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A review of things you need to know before you go home on Friday; Auckland sales drop but building work continues to grow; record car sales; job growth flattening; commodity prices rise; sharemarket manipulator found guilty; more schools; NZD falls
A review of things you need to know before you go home on Thursday; Wheeler says inflation risks look balanced; EU our biggest source of imports; Aus trade balance below forecasts and building consents falling; local rates rise but less than expected
2nd Mar 17, 4:03pm
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A review of things you need to know before you go home on Thursday; Wheeler says inflation risks look balanced; EU our biggest source of imports; Aus trade balance below forecasts and building consents falling; local rates rise but less than expected
Tender 596 of NZ$150 mln 2037's received bids for NZ$626 mln; demand for long-dated bonds remains strong with coverag ratio of 4.2; average weighted yield 3.95%, 6bps below previous tender
23rd Feb 17, 2:20pm
Tender 596 of NZ$150 mln 2037's received bids for NZ$626 mln; demand for long-dated bonds remains strong with coverag ratio of 4.2; average weighted yield 3.95%, 6bps below previous tender
NZ Govt Bond Tender #595; average weighted accepted yield increased slightly to 3.23% (previously 3.13%); coverage ratio rises from 2.2 to 2.76
16th Feb 17, 2:10pm
NZ Govt Bond Tender #595; average weighted accepted yield increased slightly to 3.23% (previously 3.13%); coverage ratio rises from 2.2 to 2.76
Latest Tender Results - LGFA Bond Tender Number 44; 100% of 2020 bonds allotted at lowest yield offered, with a coverage ratio of 8.25; weighted coverage ratio rises to 4.4 times; weighted average yields slightly lower across all terms
15th Feb 17, 2:42pm
Latest Tender Results - LGFA Bond Tender Number 44; 100% of 2020 bonds allotted at lowest yield offered, with a coverage ratio of 8.25; weighted coverage ratio rises to 4.4 times; weighted average yields slightly lower across all terms
September 2035 Government inflation-linked tender #594; weighted average yield 2.41% (2.42% previously); demand still fairly high
10th Feb 17, 2:51pm
September 2035 Government inflation-linked tender #594; weighted average yield 2.41% (2.42% previously); demand still fairly high
Tender 593 of NZ$150 mln 2037's received bids for NZ$544 mln; demand for long-dated bonds remains strong with coverag ratio of 3.6; average weighted yield 4.01%, 5bps below previous tender
26th Jan 17, 2:15pm
Tender 593 of NZ$150 mln 2037's received bids for NZ$544 mln; demand for long-dated bonds remains strong with coverag ratio of 3.6; average weighted yield 4.01%, 5bps below previous tender
NZ Govt Bond Tender #592; average weighted accepted yield 3.13% (previously 2.88%) reflects rise in yields globally; coverage ratio drops significantly with low average bid size
19th Jan 17, 2:15pm
NZ Govt Bond Tender #592; average weighted accepted yield 3.13% (previously 2.88%) reflects rise in yields globally; coverage ratio drops significantly with low average bid size
Tender 591 of NZ$150 mln 2037's received bids for NZ$465 mln; demand for long-dated bonds remains strong with coverag ratio of 3.1; average weighted yield over 4% after US Fed announcement
15th Dec 16, 2:22pm
Tender 591 of NZ$150 mln 2037's received bids for NZ$465 mln; demand for long-dated bonds remains strong with coverag ratio of 3.1; average weighted yield over 4% after US Fed announcement
Latest Tender Results - LGFA Bond Tender Number 43; rate curve steepens; weighted coverage ratio rises to 3.1 times; average weighted yield jumps 18% to 3.9%
14th Dec 16, 2:36pm
Latest Tender Results - LGFA Bond Tender Number 43; rate curve steepens; weighted coverage ratio rises to 3.1 times; average weighted yield jumps 18% to 3.9%
September 2035 Government inflation-linked tender #590; weighted average yield 2.42% (2.25% previously); highest coverage ratio for 6-months
9th Dec 16, 3:18pm
September 2035 Government inflation-linked tender #590; weighted average yield 2.42% (2.25% previously); highest coverage ratio for 6-months