swap

Wider swap spreads for Aussie offshore issuers

A spate of Kangaroo issuance hasn''t provided any pricing relief to borrowers that want to go offshore. But the wide basis swap won''t hinder issuance, says Cynthia Whelan.
February 22, 2004

Renong forced to attempt share swap

Renong hopes to swap its Commerce Asset shares for bonds issued by an associate. Earlier plans to sell the shares were shelved owing to weak demand.
April 12, 2000