So far in 2019, credit markets have been buoyed by the US Federal Reserve’s (Fed) announcement of a pause in its Quantitative Tightening (QT) program and the shift in the Fed’s language away from being hawkish. In recent months, the Reserve Bank of Australia (RBA) has also signalled that the... Show More

Aside from both companies being corporate US icons, General Motors and McDonald's also share something else in common – they both recently issued bonds in the Australian market for the first time. Show More

In August 2018, the Commonwealth Bank raised $3.5bn by issuing a dual tranche three and five year bond deal at a credit spread of 73 basis points (bps) and 93bps (respectively), in what was the largest corporate bond transaction since the Global Financial Crisis. Three months later Westpac took over... Show More