Education (advanced)
High yield bonds can play an important part in a portfolio providing much needed higher income, particularly in a low interest rate environment. The most important way to hedge against associated risks is to diversify. We explore key risks and other considerations for building and managing a portfolio of high yield bonds.
Education (basics)
The Aussie iTraxx is a proxy for credit spreads in the Australian market
Education (basics)
Residential Mortgage Backed Securities are a popular choice for wholesale investors as they can choose the risk and return they seek and the securities offer a premium over similarly rated corporate bonds. Here we explore some basic features of these securities and outline what makes them different to vanilla corporate bonds
Education (basics)
The taxation of fixed interest securities is complex. Superannuation expert, Tony Negline looks at tax on bonds including foreign currency bonds
Education (basics)
FIIG has recently updated its requirements to certify as a wholesale professional investor. This note provides guidelines to help you work out which category you fit into
Education (basics)
Understanding the terms and the return of fixed income securities or interest rate securities as they are frequently named can be confusing. This article provides a guide that should help you to understand some of the different features of the investments and how to interpret the returns quoted, and includes a list of key definitions
Education (advanced)
This week the ASX began calculating the Bank Bill Swap Rate (BBSW) using real transactions at traded prices. This is an important benchmark used in pricing and revaluing a wide range of financial instruments including mortgages, corporate bonds and derivatives
Education (basics)
Property investors know and respect the mantra; location, location, location. In bond and fixed income markets, the equivalent of location is capital structure, which determines who gets paid out first in the event of a company wind-up
Education (advanced)
A note written for intermediaries and financial advisors, published in Money Management 26 March 2018
Education (basics)
Seven considerations to help you decide how to invest in bonds