John Weavers is a Senior Report at International Financing Review based in Sydney where he covers the Australian and New Zealand bond and securitisation markets. John joined IFR in London in 2004 as senior reporter responsible for emerging markets, before transferring Down Under in 2011. Before IFR, he was a senior reporter for Informa Global Markets, having previously written for the Economist Intelligence Unit and Latin American Monitor. John has a BA in Economics from Warwick University and a MSc in Economics of Latin America from Queen Mary College, University of London.
Australia’s four major banks have locked in almost US$10bn of wholesale funding at tight spreads in the first two weeks of 2018, even though their borrowing requirements are declining.
National Australia Bank is marketing a securitisation of Australian mortgages that will include the first Green RMBS tranche in Asia-Pacific, adding to the growing market for environmentally friendly securities Down Under.
The European Investment Bank (Aaa/AAA/AAA) drew broad support for last Wednesday’s A$750m (US$585m) five-year Climate Awareness Bond (CAB), the largest Green bond sale on record in Australian dollars from a sovereign, supranational or agency issuer.