Global bond yields collapsed in January, driven by a combination of lower oil prices, inflation concerns and bond buying by the European Central Bank.
US 10-year bond yields fell by 53 basis points to 1.64% in January, the sharpest single-month fall since 2011.
BNZ economists said that had put some downward pressure on local short-end swap yields but the bigger force in New Zealand markets was the speculation – proved accurate – that the RBNZ would put an end to its tightening bias for the OCR.
Yesterday’s LGFA bond tender was fully allocated for the lowest volume ever offered...MORE»
Tuesday, January 27th, 6:00AM
This year may mark a change in the psyche of the bond market, it has been predicted.MORE»
Friday, July 11th, 5:02PM
Kiwi Income Property Trust’s offer of seven-year bonds has been oversubscribed.MORE»
Mighty River Power has confirmed $300 million of unsecured subordinated capital bonds will be issued with an initial interest rate of 6.9% a year.
Kiwi Property Management, the manager of Kiwi Income Property Trust, is to offer up to $100 million of seven-year fixed rate senior secured bonds, with the ability to accept up to $25 million in oversubscriptions.MORE»
Kiwi Property Management, manager of Kiwi Income Property Trust, is considering offering up to $100 million of fixed rate senior secured bonds, with the ability to accept up to $25 million in oversubscriptions.MORE»
The New Zealand Debt Management Office has updated its domestic bond programme in line with today’s Budget.MORE»
Kiwibank’s capital note offer has been well-received by investors, it said today.MORE»