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Showing 61 - 70 of 171 results for "Bank Bill"

AB fund receives rating upgrade

KERRIE SYDEE  |  MONDAY, 19 SEP 2016
... the fund is designed for investors with higher risk tolerances who want to achieve income returns exceeding those of bank bill rates. To do so it uses a diversified strategy that invests globally across fixed income sectors and in a broad range of debt ...

BTFG shutters alternatives fund

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2016
... achieving just 1.22% p.a. since the fund's inception in June 2011 compared to 3.13% annualised from the Bloomberg AusBond Bank Bill Index.

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
... against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW). The Sonterra Capital Master Fund, Frontpoint Financial Services and derivatives trader Richard Dennis ...

NAB responds to ASIC market manipulation allegations

ALEX BURKE  |  WEDNESDAY, 8 JUN 2016
... for the bank's alleged "unconscionable conduct and market manipulation." ASIC's concerns relate to the setting of the bank bill swap reference rate (BBSW) from 2010 to 2012; the regulator previously targeted ANZ and Westpac in this investigation in March ...

ASIC commences proceedings against Westpac

ALEX BURKE  |  WEDNESDAY, 6 APR 2016
ASIC has commenced legal proceedings against Westpac in the Federal Court in Melbourne for its role in setting the bank bill swap reference rate from 2010 to 2012. ASIC has alleged Westpac engaged in "unconscionable conduct and market manipulation" ...

ANZ ready to fight ASIC over BBSW

MARK SMITH  |  MONDAY, 7 MAR 2016
... last week launched its legal case against the bank in the Federal Court in Melbourne for market manipulation of the bank bill swap rate, a key interest rate used to determine the cost of inter-bank lending, in the period March 2010 to May 2012. A statement ...

Unconstrained bond funds disappoint in 2015

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
... lower. The overall return after fees for the unconstrained sector in 2015 was 2.05%, significantly below the AusBond Bank Bill Index return of 2.33%. Most fixed interest sectors were down on 2014, with 2015 annual returns well below three-year averages ...

XTB floaters listed on ASX

LAURA MILLAN  |  THURSDAY, 12 NOV 2015
... characteristic of floaters is that the coupon moves up and down over time in line with a specified benchmark rate, such as the bank bill swap rate (BBW). A rise in interest rates may result in a fall in the price of a fixed coupon bond, but the holder ...

CML launches $25m corporate bond issue

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
... Mark Paton said. The 6-year floating rate senior secured issue will initially pay a margin of 5.40% above the 30-day Bank Bill Swap Rate which amounts to a coupon rate of 7.55% at current market rates, FIIG confirmed. CML Group was founded in 2002 and ...

Goldman Sachs bond fund recommended by Lonsec

MARK SMITH  |  WEDNESDAY, 6 MAY 2015
... Fund is also relatively unconstrained in terms of duration positioning. The Fund targets a return of Bloomberg AusBond Bank Bill Index plus 4 - 5% p.a. with volatility range of 5-6% p.a. from a very broad range of fixed income strategies. In its report ...