Currency swap improves rating

Article Abstract:

Puma Finance Inc., a mortgage securitization company, entered the European capital markets with the larges Eurobond issue an Australian company has made. The bonds are rating higher than those of the Australian government.

Puma Finance Ltd.

---

AMP's big bang backfires

Article Abstract:

Australian insurer AMP offered shares which rose 2.5 times their initial value. Subsequently prices dropped due an initial anomaly, and syndicate-member banks suffered.

Insurance, Insurance Carriers and Related Activities, AMP

---

NAB joins the euro fray

Article Abstract:

The first euro debt issue in Australia is a three-year floating rate note worth $445 million issued by National Australia Bank. SBC Warburg Dillon Read led the issue.

Commercial Banks, Commercial Banking, National Australia Bank Ltd.

Similar abstracts:

• Abstracts: Yen warning. Chinks in the armour
• Abstracts: Last rites for duty free. Here comes the euro
• Abstracts: Keep breathing. Focus on the rough stuff should pay off
• Abstracts: Chinese shares dominate new issues. The lure of the imperfect market
• Abstracts: The real stabilization plan and the banking sector in Brazil. Setting conversion rates for the third stage of EMU

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.