The New Zealand dollar credit market saw revived deal flow at the start of August, with a NZ$152 million (US$92.6 million) asset-backed securities (ABS) deal from Humm Group and a NZ$600 million tier-two from Westpac New Zealand. In Australia, Westpac Banking Corporation took advantage of limited new issuance in July to price a A$2.25 billion (US$1.5 billion) senior deal.

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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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