Australian Financial Markets Newsletter
WEEK ENDING |
5 March 2009
RBA 25bpts Rate Hike
By: Sonia Han | posted March 2nd, 2010 13:32
RBA has increased the cash rate by 25 basis points as expected from 3.75pct to 4pct after its monthly board meeting today. This is a further modest step in RBA’s planned tightening cycle this year.
- 2010 total domestic issuance: 88,644 A$m
- View insto league tables
Quote of the week
``While Australian banks have done very well in terms of their rankings globally by market capitalisation, they lack the scale to play (among) top 10 global banks that tend to dominate large international funding projects,''
Deal Log
| Date | Issuer | Facility | Amount (million) |
|---|---|---|---|
| 08/09/2010 | KfW | Senior Kangaroo | 300 AUD |
| 07/09/2010 | Commonwealth Bank of Australia (CBA) | Senior domestic AMTN | 1,500 AUD |
| 06/09/2010 | FirstMac | Domestic RMBS(prime) | 416 AUD |
| 02/09/2010 | Bank of Scotland, Australia Branch | Senior domestic AMTN | 600 AUD |
| 01/09/2010 | European Investment Bank (EIB) | Senior Kangaroo | 600 AUD |