Australian Finance Group (AFG) launched a new residential mortgage-backed securities (RMBS) transaction, AFG Series 2017-1, on 28 August. The indicative A$350 million (US$277.7 million) deal is expected to price on or before 31 August, according to arranger ANZ and additional lead manager National Australia Bank.
KangaNews hosted its fifth annual KangaNews NZDCM Summit on August 2. In 2017, the discussion was more topical and wide-ranging than ever before, giving insights into local socially responsible investment, the views of New Zealand’s C-suite on the business environment and a geopolitical outlook. KangaNews is pleased to share a flavour of the content from this unmissable event.
On 20 July, KangaNews and National Australia Bank hosted their second annual Fixed Income Beyond the Institutional Sector Summit in Sydney. With more than 500 delegates in attendance the event went to a new level in 2017, as speakers shared views on how noninstitutional investors will engage with the fixed-income asset class in a rapidly changing world.
The Australian government’s move to extend banking regulation to the nonbank sector looks like a classic example of the old adage: “When the only tool you have is a hammer, every problem looks like a nail.”
A larger funding task means New South Wales Treasury Corporation is working hard to attract even more investors, says head of funding and balance sheet, Fiona Trigona.
Mizuho Securities and KangaNews hosted Japanese investors at a discussion focused on why they think demand for Australian dollar investments will continue.
Scott Farrell, partner at King & Wood Mallesons, shares his views on ‘smart contracts’ in capital markets.
Edith Sitzmann, minister of finance for the state of Baden-Württemberg, talks to KangaNews about the German tax-reform process and the state’s overall budget situation.
L-Bank hosted a roundtable discussion to inform investors about upcoming changes to Germany’s tax equalisation system, and the broader context in which high-grade global issuers exist. Investors also share their preferences in the SSA sector.
Australian corporates give insights into the changing shape of their bank groups in the last few years.
Westpac Institutional Bank executives review an annual project to gauge the Australian credit views of investors in four locations around the world, and the state of the Australian credit market from a global perspective.