Funds Focus

CBA has just announced the launch of a new income offer: CommBank Perls 8 Capital Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in March. Note: There is no Customer or General Offer

The Notes will pay a quarterly coupon of 5.2%-5.35% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 2.29% as of 16th February, with an initial indicative rate of 7.49%-7.64%pa. (The first pricing is due to be

An analysts view
Fun for the Melbourne Cup. Each year, Macquarie, Morgans and PWC analysts crawl out of the shadows to try and shed some light on the Melbourne cup.

Poring over stats, charts and tip sheets, the researcher’s best beancounting Gollums have been put to work, finally distracted them from their Precious.

This year sees another new entrant from the BT Fixed Income team. It’s well known that the smart guys work in bonds, so we have high hopes for them.

Looking over last year’

Westpac has just announced the launch of their latest income hybrid: Westpac Capital Notes 3.The first round of access is through a broker firm allocation, prior to shareholder offer and listing in September. There will not be a General Offer for this issue.

The Notes will pay a quarterly coupon of 4.0%-4.2% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 2.14% as of the 27 July, with an initial indicative rate of 6.14%-6.34%pa. (The first pricing is