Stocks and credit pause, NAB prices Tier I trade, Banks active in primary markets
By: Jonathan Shapiro | posted September 18th, 2009 08:06
A three day winning streak for US stocks was broken as investors paused for breath.
The S&P500 index fell 0.3 per cent on Thursday following strong gains earlier in the week. The decline was amidst mixed economic data as housing starts rose a less than forecast 1.5 per cent while jobless claims unexpectedly declined. Financial stocks bucked the trend, trading higher during the session.
US Credit indices also paused for breath. The Markit CDX closed above the 100 mark, 4bps higher at 102.
- 2010 total domestic issuance: 64,526 A$m
- View insto league tables
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Deal Log
| Date | Issuer | Facility | Amount (million) |
|---|---|---|---|
| 23/07/2010 | MyState Financial | Domestic RMBS(prime) | 250 AUD |
| 23/07/2010 | Taupo District Council | New Zealand domestic senior institutional | 25 NZD |
| 21/07/2010 | International Finance Corporation (IFC) | Senior Kangaroo | 500 AUD |
| 20/07/2010 | Bank Nederlandse Gemeenten | Senior financial Eurobond | 50 AUD |
| 15/07/2010 | APT Pipelines Ltd | Senior domestic AMTN | 300 AUD |