John Weavers is IFR’s first Sydney-based senior reporter covering the Australian and New Zealand bond and securitisation markets. John previously worked for six and a half years in IFR’s London office heading the EEMEA region’s emerging market output. He has a 20 year career in financial journalism, including 10 years as senior bond reporter at Informa Global Markets and has been a regular contributor to the Economist Intelligence Unit and Latin American Monitor. John has an Economics degree from Warwick University and an MSc in Economics of Latin America from Queen Mary College, University of London.
Sumitomo Mitsui Financial Group last Thursday became the first Asian financial institution to sell Global bonds in Australian dollars, adding to the flow of major financings in the currency.
New Zealand’s fifth-biggest lender aborted a Kangaroo bond last week just a day before settlement after regulators warned that some of its capital securities might be ineligible for CAR calculations.
The Australian Office of Financial Management smashed numerous records last Wednesday with a giant fundraising that showed the Commonwealth government has no problems plugging the country’s budget deficit.