More Bank Strategy and People news at National Australia Bank

Latest market news

• RBC feeds covered bond investors’ frenzy

  Fearful of missing out and in the absence of competing credit supply, investors piled into higher yielding covered bonds offered by Canadian, Australian and Swedish issuers this week. A negative new issue premium Royal Bank of Canada’s five year epitomised the state of investor frenzy.

  • 24 Jan 2019

• Feeding frenzy fires up covered bonds

  Fearful of missing out and, in the absence of competing credit supply, investors piled into six covered bonds on Tuesday with a combined value of more than €6bn.Royal Bank of Canada’s deal epitomised the state of investor frenzy as it was able to issue the largest deal of the year with a negative new issue premium.

  • 22 Jan 2019

• NAB finds certainty in dollars, Westpac hits euros

  National Australia Bank (NAB) was looking for execution certainty when heading to the dollar market to sell a pair of senior unsecured and covered bonds on Monday. But with credit conditions improving on Tuesday, Westpac shaved a few basis points off the cost of funding compared with its peer by opting for euros in covered and senior formats.

  • 27 Nov 2018

• Southern Electric hits road with dollar and sterling PP

  GlobalCapital understands UK utility company Scottish and Southern Electric (SSE) is roadshowing in the US private placement (US PP) market for £400m ($528m) equivalent offer across dollars and sterling.

  • 08 Oct 2018

• ADP opts for long tenor while Heathrow goes for long haul

  A dearth of corporate bond supply on Wednesday, due to a German public holiday, was followed by deals from airport operators in two markets on Thursday. Aéroports de Paris (AdP) opted for the domestic route, while Heathrow made its first visit to the Australian market.

  • 04 Oct 2018

National Australia Bank In The Key League Tables

Asset	Rank	STLY	Amount $m	No of issues	Share %	STLY Share %
For detailed analysis:
Last updated 19 Feb 2019
Bookrunners of Asia Pacific (ex-Japan) G3 DCM	22	29	683.96	3	1.32%	0.88%
Australia DCM	6	4	1,144.28	5	5.11%	10.78%
Dealer League Table World Bank	11	14	90.93	1	2.05%	1.72%