News
After a tumultuous start to the week in global markets, conditions appeared to have settled by 7 August. But Australian credit market participants agree that even if the equity market correction proves to be short-lived there needs to be a consolidation period before the impact on issuance conditions is fully understood.
New South Wales Treasury Corporation took advantage of the more positive market environment just before the recent wave of market upheaval to print a substantial syndicated tap at the start of August. In a sign of how quickly market tone changed, the issuer points to positive data prints ahead of its transaction as significant supporting factors for a significantly oversubscribed book.
KangaNews is a proud sponsor of the annual Women in Banking and Finance National Industry Awards, taking place in 2024 on 5 September at the ICC. The awards celebrate innovation and excellence, highlighting the individuals that are helping shape the future of the industry. The keynote speaker at the 2024 lunch will be Michele Bullock, governor of the Reserve Bank of Australia. There will be an exclusive interview on her first year in the role.