Education (advanced)
A bond is like any other investment that can trade after it is first issued – the market price can move up and down
Education (advanced)
Covenants are a key line of defence for bondholders, especially when investing in unrated or sub investment grade bonds. They act to align the interests of both the issuer and the bondholders and serve as a layer of protection well ahead of any potential payment default. Here we look at the different covenants and how they work
Education (advanced)
The yield of a fixed rate corporate bond is made up of two components, a base interest rate and a credit spread.
Education (advanced)
On 14 February, the FIIG Research team held a webinar to discuss their recently released 2019 Credit Outlook. Thomas Jacquot, Head of Research provides a recap
Education (advanced)
If you invest in bonds it’s important to understand where your custodian resides.
Education (advanced)
The differences between hybrids and bonds
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 (advanced)
A note written for intermediaries and financial advisors, published in Money Management 26 March 2018
Education (advanced)
APRA's latest revision targets higher risk lending and outlines a simpler capital framework for small authorised deposit taking institutions. This note details the key proposed changes
Education (advanced)
High yield bonds provide high returns but can act more like the underlying equity. So, while the rewards can be impressive, the bonds need monitoring. It’s worth assessing when might be a good time to sell