Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 171 results for "Bank Bill"

Australian Unity issues $80m debt

ALISON BEVEGE  |  FRIDAY, 4 MAR 2011
... quarterly with the issue price repaid at maturity. The interest rate is to be a variable rate based on the three-month bank bill rate plus a fixed margin. Rohan Mead, Australian Unity's group managing director, said the note issue was an integral to ...

Perpetual raises $170 million for mortgage fund

JOHN MCDULING  |  TUESDAY, 14 DEC 2010
... senior, secured exposure over income producing property in Australia. It has a target return of 4 per cent above the bank bill rate. Richard Brandweiner, group executive, income and multi-sector, said the fund will be looking to make commercial property ...

Qantas eyes alternatives, cools on equities

RUTH LIEW  |  THURSDAY, 11 NOV 2010
... objective to provide improved clarity about the investments in the strategy. The return will be measured against the UBSA Bank Bill Index, rather than the return objective being expressed as a return that exceeds inflation (CPI) by a given percentage. ...

CBA plans retail bond offering

JOHN MCDULING  |  TUESDAY, 9 NOV 2010
... he said. In a statement to the ASX, CBA said that it expects to pay between 100 and 115 basis points over the 90-day bank bill rate in the offering. Using yesterday's closing rate, that would imply a starting yield of around 6.2 per cent. Last week ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 SEP 2010
... maturing on 17 December 2010 and $600 million of Treasury Notes maturing on 11 February 2011. The September 2010 90-day bank bill futures contract expires at 1200 AEST. In companies news, credit guarantor Zheng He Global Capital Ltd is due to list on ...

Frozen fund investors get $36m settlement

COMMERCE COMMISSION RELEASE  |  THURSDAY, 22 JUL 2010
... obligations (CDOs) and used derivatives to hedge currency risk. The fund's objective was to outperform the New Zealand 90-day bank bill rate by 2 per cent per annum after taxes and fees. The marketing material described the fund as having a moderate ...

RMBS market low risk and high return: Aberdeen

MICHAEL HOBBS  |  THURSDAY, 24 JUN 2010
Aberdeen Asset Management is tilting its local fixed income portfolios toward Australian residential mortgage-backed securities (RMBS) to capitalise on wide spreads in the "bullet proof" asset class. Victor Rodriguez, head of fixed income at Aberdeen ...

EQT and PIMCO get van Eyk tick

COMPANY RELEASE  |  WEDNESDAY, 23 SEP 2009
... client demand. This fund maintains a 50/50 benchmark, split between the UBS Australian Composite Bond and UBS Australian Bank Bill Indices. "The 50:50 benchmark allows us to move between bonds and cash, depending on where we are in the interest rate ...

Future Fund books 4.2pc loss

FUTURE FUND UPDATE  |  FRIDAY, 4 SEP 2009
... "Investment mandates for the funds became effective on 29 July 2009 and set a benchmark return of the Australian three month bank bill swap rate +0.3% per annum calculated on a rolling 12-month basis. Investments are to minimise the probability of capital ...

Perennial launches fixed int fund

COMPANY RELEASE  |  MONDAY, 29 JUN 2009
... interest assets. The Perennial Tactical Fixed Interest Trust aims to provide investment returns over a combined UBS Bank Bill Index and UBS Composite Bond Index. The firm launched the product following demand from financial advisers and clients seeking ...