Australia New 2024 Allocation -- 17.3% to Hedge Funds, 31.5% to Bks-Trading
By Sophia Rodrigues
Published On 16 Apr 2020 , 09:22 AMDespite declining nearly half of the bids at the clearing price, 17.3% of the new 0.25% November 2024 syndicated bond issue was sold to hedge funds, and 31.5% to trading books of banks. While the allocation to hedge funds was in line with recent syndications, the 31.5% allocation to banks - trading was the highest among the last three syndications. The allocation to banks' balance sheet was 20.6%, and to fund manager was 25.3%. Central banks got 5.4% of the issue.
The location breakdown shows 68.1% going to domestic investors, 17.6% to Asia ex-Japan, 1.9% to Europe, 5.1% to North America and 7.2% to UK. Japanese investors bought just 0.2%.
LATEST SNIPPETS
Australia Q3 net export to add 0.2%ppt to Q3 GDP
Australia net export to contribute 0.2 percentage point to Q3 GDP, data from ABS showed.
Terms of trade was st...
Australia consumer confidence off multi-year low but econ conditions view further down
Consumer confidence rose 1.2% in the week to Dec. 1 to 108.1, marking the first rise in four weeks but remained...
Published on : 03 Dec 2019 , 10:04 AMAustralia ANZ job ads down in November; Trend firmly negative
Job ads fell for the second straight month in November, down 1.7% m/m after a 1.0% fall in October, data from ANZ sho...
Published on : 02 Dec 2019 , 11:42 AMKey points from Australia's private sector credit for October
Key points from Australia's private sector credit growth for October, published by the RBA Friday.
--...
RBA may buy RMBS if dysfunction in mortgage market
Regarding purchase of Residential Mortgage-Backed Securitie (RMBS), RBA Governor Philip Lowe said last night that it...
Published on : 27 Nov 2019 , 09:58 AMRBNZ dismissing possibility of negative OCR?
The RBNZ appears to be dismissing the possibility of a negative official cash rate. In the Financial Stability Report...
Published on : 27 Nov 2019 , 07:17 AMIs that another first by the RBA?
The RBA is a rare central bank that doesn't follow anyone on twitter. And it never replies to anyone on twitter....
Published on : 26 Nov 2019 , 12:10 PMLive broadcast of RBA Lowe's speech is first of many
RBA will be broadcasting live "audio" of Governor Philip Lowe's speech later Tuesday. This is the first...
Published on : 26 Nov 2019 , 01:10 AMAustralia consumer confidence falls to over 4-yr low
Australian consumer confidence fell 2.8% in the week to November 25, to the lowest level in over four years, data fro...
Published on : 26 Nov 2019 , 10:04 AMWestpac economists expect Australia house prices to rise 5% in 2020
Economists at Westpac expect Australia's house price upswing to continue in 2020, rising 5%, but with getting cap...
Published on : 25 Nov 2019 , 11:55 AM