Highlight of Recent Issuance
Sydney Airport
Fixed Rate Bond
5.90% p.a.
Issuer Rating
-/Baa1 (Fitch/Moody's)
|
Issue Date
19-Apr-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
19-Jan-2034
|
Seniority
Senior Secured
|
Maturity Date
19-Apr-2034
|
Westpac Banking
Fixed to Floating Rate Bond
5.754% p.a.
Issuer Rating
A+/Aa2 (Fitch/Moody's)
|
Issue Date
03-Apr-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
03-Apr-2029
|
Seniority
Subordinated Unsecured
|
Maturity Date
03-Apr-2034
|
HSBC
Fixed to Floating Rate Bond
6.211% p.a.
Issuer Rating
A+/- (Fitch/Moody's)
|
Issue Date
21-Mar-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
21-Mar-2029
|
Seniority
Subordinated Unsecured
|
Maturity Date
21-Mar-2034
|
Stockland
Fixed Rate Bond
6.10% p.a.
Issuer Rating
Nil
|
Issue Date
12-Mar-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
12-Jun-2034
|
Seniority
Senior Unsecured
|
Maturity Date
12-Sep-2034
|
Aurizon
Fixed Rate Bond
6.10% p.a.
Issuer Rating
-/Baa1 (Fitch/Moody's)
|
Issue Date
12-Mar-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
12-Jun-2031
|
Seniority
Senior Unsecured
|
Maturity Date
12-Sep-2031
|
Liberty Financial
Floating Rate Bond
3MBBSW+3.75% p.a.
Issuer Rating
Nil
|
Issue Date
08-Mar-2024
|
Coupon Frequency
Quarterly
|
Call Date
-
|
Seniority
Senior Unsecured
|
Maturity Date
08-Mar-2029
|
Brisbane Airport Corp
Fixed Rate Bond
5.90% p.a.
Issuer Rating
Nil
|
Issue Date
08-Mar-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
-
|
Seniority
Senior Unsecured
|
Maturity Date
08-Mar-2034
|
Lloyds Banking
Fixed to Floating Rate Bond
5.687% p.a.
Issuer Rating
A/- (Fitch/Moody's)
|
Issue Date
06-Mar-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
-
|
Seniority
Senior Unsecured
|
Maturity Date
06-Mar-2030
|
Perth Airport
Fixed Rate Bond
5.60% p.a.
Issuer Rating
Nil
|
Issue Date
05-Mar-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
05-Dec-2030
|
Seniority
Senior Secured
|
Maturity Date
05-Mar-2031
|
Macquarie Group
Fixed to Floating Rate Bond
5.953% p.a.
Issuer Rating
A/Aa2 (Fitch/Moody's)
|
Issue Date
01-Mar-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
01-Mar-2029
|
Seniority
Subordinated Unsecured
|
Maturity Date
01-Mar-2034
|
Macquarie Group
Floating Rate Bond
3MBBSW+1.95% p.a.
Issuer Rating
A/Aa2 (Fitch/Moody's)
|
Issue Date
01-Mar-2024
|
Coupon Frequency
Quarterly
|
Call Date
01-Mar-2029
|
Seniority
Subordinated Unsecured
|
Maturity Date
01-Mar-2034
|
Santander Bank
Fixed Rate Bond
6.499% p.a.
Issuer Rating
A-/A2 (Fitch/Moody's)
|
Issue Date
23-Jan-2024
|
Coupon Frequency
Semi-Annually
|
Call Date
-
|
Seniority
Senior Non-Preferred
|
Maturity Date
23-Jan-2031
|
ANZ Banking
Floating Rate Bond
3MBBSW+1.95% p.a.
Issuer Rating
A+/Aa2 (Fitch/Moody's)
|
Issue Date
16-Jan-2024
|
Coupon Frequency
Quarterly
|
Call Date
16-Jan-2029
|
Seniority
Subordinated Unsecured
|
Maturity Date
16-Jan-2034
|
Westpac Banking
Fixed to Floating Rate Bond
7.199% p.a.
Issuer Rating
A+/Aa2 (Fitch/Moody's)
|
Issue Date
15-Nov-2023
|
Coupon Frequency
Semi-Annually
|
Call Date
15-Nov-2033
|
Seniority
Subordinated Unsecured
|
Maturity Date
15-Nov-2038
|
AMP Limited
Floating Rate Bond
3MBBSW+3.15% p.a.
Issuer Rating
-/- (Fitch/Moody's)
|
Issue Date
09-Nov-2023
|
Coupon Frequency
Quarterly
|
Call Date
-
|
Seniority
Senior Unsecured
|
Maturity Date
09-Nov-2026
|
Lloyds Banking
Fixed to Floating Rate Bond
7.086% p.a.
Issuer Rating
A/- (Fitch/Moody's)
|
Issue Date
31-Aug-2023
|
Coupon Frequency
Semi-Annually
|
Call Date
31-Aug-2028
|
Seniority
Subordinated Unsecured
|
Maturity Date
31-Aug-2033
|
Westpac Banking
Fixed to Floating Rate Bond
6.934% p.a.
Issuer Rating
A+/Aa2 (Fitch/Moody's)
|
Issue Date
23-Jun-2023
|
Coupon Frequency
Semi-Annually
|
Call Date
23-Jun-2033
|
Seniority
Subordinated Unsecured
|
Maturity Date
23-Jun-2038
|
* Available to Wholesale Investors only.
How to participate in newly issued bond investment?
Applying for new bond issuance is one of the important ways for bond market investors to buy high-quality bonds at a low price to obtain capital gains. Due to the asymmetry of financial market information, most investors know little about the issuance process of new bonds, so they can only access the secondary bond market with higher premiums, and miss many precious investment possibilities.
To participate in the issuance of bonds in the primary market, even institutional investors must make a decision and submit the subscription amount within a few hours of “book building”. Once missed, they can only purchase in the secondary market and pay an additional premium. Due to the blocked information channel, individual investors often only learn information about new bonds after the new bond issuance.
Therefore, Candour’s Wechat Official Account will provide the indicative quotation and tentative issuance date of the new debt to you after the “Roadshow” and decision of issuing the new debt before the “bookkeeping” to break the information asymmetry and let you prepare in advance to purchase your wanted bonds.