News

A positive market tone supported primary supply at the start of February. Eight deals priced in the week ending 3 February – a significant uptick after no public issuance the week prior – including the New Zealand market's first trade from a domestic borrower in 2023. The Australian securitisation market also got in gear with Columbus Capital, Liberty Finance and Plenti Finance all mandating deals.

Queensland Treasury Corporation capitalised on increased domestic demand for longer tenor issuance, international appetite for Australian government and semi-government paper, and generally positive market sentiment to print a new 12-year transaction. The issuer says the placement helps smooth and extend its maturity profile.