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Showing 21 - 30 of 100+ results for "AAA"

TCorp funding hits $10bn since late March

ALLY SELBY  |  MONDAY, 4 MAY 2020
... manager will continue to explore further funding opportunities to achieve the funding requirements of the state. TCorp is rated AAA by S&P and Aaa by Moody's. It has a balance sheet of $95 billion.

COVID-19 will bite into credit ratings

BENJAMIN ONG  |  MONDAY, 27 APR 2020
... credit rating - as economic growth contracts and debt levels balloon. To date, there are only 10 countries unanimously rated AAA by the three credit rating agencies - Standard & Poor's, Moody's and Fitch Ratings - namely: Australia, Canada, Denmark ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
S&P Global Ratings revised Australia's AAA credit rating outlook to negative in the wake of the economic impacts of COVID-19. The AAA credit ratings for NSW and Victoria were also revised to "negative" by S&P. The outlook revision does not guarantee ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
... zero interest rate policy, not to mention one of the largest fiscal responses amongst all nations (which could cost us our AAA sovereign rating)," he said. He argues a V-shaped economic recovery is difficult to envision. "Any economy will rebound when ...

Melbourne boutique adds to team

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
... boutique's initial strategy has focused on high-grade sovereign bonds backed by governments with a credit rating of AA or AAA in Australian dollars. In March last year, it opened a sophisticated/wholesale investor-only strategy that invests in global ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... factors determining exchange rate values. Numero uno is that Australia's credit rating is better than America's - AAA vs. AA. That is, although both are expected to be able to repay debt obligations, Australia can repay them better. This is underscored ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... cost of capital - hurdle rate - of 10% even after funding costs have fallen sharply over the past few years. Australia's AAA corporate bond yields have fallen to around 1.5% from about 4% five years ago and over 6% 10-years before. Even yields on ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
... what it could. It's time for the government to do the fiscally-responsible thing - engage in deficit spending. With its AAA-rating and interest rates at record lows, the government needs to heed its own advice to businesses and consumers. Borrow ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... funds, across all asset classes and sectors, that an individual has run over that time period in order to determine a Citywire AAA, AA, A or + rating each month for a fund manager, on a three-year rolling basis. "The individual fund manager's monthly ...

Industry funds dominate AAA quality list

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
One-in-four superannuation products have achieved Rainmaker's AAA quality benchmarks this year, the majority of which are provided by not-for-profit funds. Following an in-depth assessment of 750 superannuation products, only 174 or 23.2% received ...