Education (advanced)
We continue to see value in Residential Mortgage Backed Securities. If you are still sitting on the sidelines this four part series might help you better understand the securities
Education (advanced)
In this final look at spread, we define discount factors and the zero discount factor, before bringing all three articles together to define exactly what spread is
Education (advanced)
Last week in The WIRE we looked at the yield curve as we sought to demystify what is meant by ‘spread’. As the yield curve is based on the BBSW Swap curve, this week we look at exactly what ‘BBSW’ and ‘Swap’ mean
Education (basics)
At its most basic level, the spread is simply a margin over or under a particular interest rate curve
Education (advanced)
Credit ratings are an indication of perceived risk. Each year Standard and Poor’s release a global report that shows defaults as well as rating movements (upgrades and downgrades)
Education (advanced)
Higher risk bonds come with additional protection which is important to understand. A detailed analysis of covenants is a crucial part of credit analysis and important in understanding a bond issue’s overall credit risk profile
Education (advanced)
This is the last article in our series on the super changes. Links to the other five notes are available at the end of this note
Education (advanced)
It’s worth doing the maths on Residential Mortgage Backed Securities (RMBS) for those of you wanting to increase your investment grade allocation or looking to re-invest some of those Swiss Re maturities. This note includes a link to an educational webinar
Education (advanced)
The amount you can contribute to superannuation changes from 1 July 2017. This note explains the after tax, non concessional contributions you can make in the 2016/17 financial year and the future allowance. This is important for many high net worth individuals because this may be the last chance they can contribute up to $540,000 per person before the end of the financial year
Education (basics)
Asset values have been increasing over the last six to twelve months. You may now qualify as a wholesale client, which would allow access to a greater range of bonds, including FIIG originated deals at first issue and foreign currency bonds