News
The Australian Sustainable Finance Institute has completed the international framing study that forms a significant part of the groundwork for the forthcoming Australian sustainable finance taxonomy. The resulting report – Analysis of International Taxonomies and Considerations for Australia – published on 17 October, sets out some principles for what a taxonomy should aim to achieve based on global experiences.
Two public deals printed apiece in the Australian and New Zealand primary markets in the week ending 14 October, the largest of which Treasury Corporation of Victoria's A$2.25 billion (US$1.4 million) issue via syndication. The securitisation market took a breather after an active period, delivering it was the first week with no new public issuance since early July.
Avanti Finance’s latest residential mortgage-backed securities transaction maintains its pattern of being in the public structured finance market on an annual basis. The borrower says KiwiSaver funds’ comfort with the asset class continues to grow despite the obvious headwinds.
