Call dates are a common structural feature across many bonds in global markets, particularly for subordinated and hybrid instruments, and are typically included to provide issuers with flexibility around capital management, refinancing, and regulatory considerations.
We identify the key themes to come out of the 1H26 reporting season for Australian major banks. Here we discuss these trends and the implications for the banks.
The February reporting season concluded recently. In this article we cover the collected thoughts of the FIIG Research team who spent much of the month analysing the results of various companies.