Two Singapore-based banks printed Australian dollar deals via local branches in early August, both achieving pricing records and one brought its green-bond programme back to the local market. Deal sources tell KangaNews the dearth of senior term funding from financial institutions (FIs) means credit spreads should remain tight for the foreseeable future.
Market activity in Australasia picked up in the second week of August, with several financial institutions executing deals in various formats and nonbank securitisation issuance continuing its spate of prints.