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

Search Results

Showing 71 - 80 of 171 results for "Bank Bill"

Invesco launches multi-asset targeted return fund

MARK SMITH  |  WEDNESDAY, 8 APR 2015
... to the local market. The Fund, which opened on 27 February, targets a gross return of 5% over the Bloomberg AusBond Bank Bill Index (cash +5%) over a rolling, three-year period. Crucially, it also has a volatility target of less than half that of global ...

VicSuper awards $100M absolute return mandate

LAURA MILLAN  |  THURSDAY, 29 JAN 2015
... awarded to Payden & Rygel (P&R) absolute return strategy, which aims to generate returns of 2% above the 3 month AFMA Bank Bill Swap Rate over the medium term. This is the second mandate VicSuper has awarded to P&R in the past three years. The manager ...

ANZ to launch $750m hybrid capital offer

LAURA MILLAN  |  TUESDAY, 27 JAN 2015
... corporate purposes. ANZ expects that the margin of the offer will be between 3.6% and 3.8% per annum, above the current bank bill swap rate. The offer for ANZ securities holders and Australian residents will close on February 26, 2015, while the offer ...

BlackRock opens global fixed income fund to local investors

MARK SMITH  |  TUESDAY, 30 SEP 2014
... return. While the fund is not tied to a benchmark, it is managed to a target return of 4-6% per annum above the UBS Bank Bill Index, net of fees, over rolling three-year periods. The fund invests in a mix of traditional and non-traditional strategies ...

Ratings downgrade to trigger hybrid sell-off

MARK SMITH  |  THURSDAY, 25 SEP 2014
... investors are not being fairly compensated for the associated risks." "The recent CBA Perls issue was done at 2.8% over bank bill swap rate (being about 5.4%pa). Bank hybrids in Europe are trading at around double this level, but even if at the lowest ...

ASX tees up $65m Yieldbroker deal

MARK SMITH  |  THURSDAY, 18 SEP 2014
ASX is set to buy a 49% stake in Yieldbroker, the Australian debt and interest rate derivatives market operator, for $65 million. The deal makes ASX a significant investor alongside ANZ, CBA, Citi, Deutsche Bank, J.P. Morgan, Macquarie, NAB, RBC, RBS ...

UBS Dynamic Alpha Strategy wins large insto mandate

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
... through active asset and currency allocation, and this strategy has delivered a 5.74% gross return per annum above the UBS Bank bill index, over the last five years. This has been achieved with around half the volatility of equity markets over that p ...

RBS enters enforceable undertaking

STAFF WRITER  |  TUESDAY, 22 JUL 2014
... Bank of Scotland has entered an enforceable undertaking in relation to "potential misconduct" involving the Australian Bank Bill Swap Rate (BBSW), the Australian Securities and Investments Commission (ASIC) has announced. RBS will also voluntarily donate ...

You go NZ

BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
... continuing assessment of emerging inflationary pressures." How much more? "The Reserve Bank forecast that the three-month bank bill yield will be 4 percent by the end of 2014, up from the 3.8 percent it forecast three months ago. The outlook, which is ...

BNP Paribas enters EU with ASIC

LAURA MILLAN  |  WEDNESDAY, 29 JAN 2014
... Australian Securities and Investments Commission (ASIC) in relation to potential misconduct involving the Australian Bank Bill Swap Rate (BBSW). In November 2012, BNP reported to ASIC that it had found conduct indicative of seeking to influence its BBSW ...