AAP Credit Suisse has priced its inaugural Australian bond sale, with the issue of $1.1 billion of four year notes. The bonds will be made up of $600,000 of fixed rate notes with a yield of 6.7475 per cent per annum and a further $500,000 of floating rate notes which will yield the

“We believe growth will pick up from here,” Posen said in an interview on Sky News yesterday. “It’s not going to go gangbusters. We had to go down from what we said before, but it’s still going to be strong. And in that case, there’s no need for more quantitative easing

It has blamed the government deposit guarantee for causing a drain of cash from what had been one of the most widely used funds for share investors. This follows Commonwealth Bank's move to close Colonial's struggling $852m fund. Click here for the story But the shift into a deposit account

The benchmark securities climbed about 0.25 cent on the euro as of 4 p.m. in London, or 2.5 euros per 1,000-euro face amount, according to traders at Matrix Corporate Capital LLP. Greece is selling the notes at a spread of 300 basis points more than the mid-swap rate, for a yield of 6.35 percent.

By Drew Benson The peso climbed 0.9 percent to 514.6 per dollar at 9:04 a.m. New York time, from 519.03 yesterday. Earlier it reached 514.55, the strongest level since Jan. 27. Chile is seeking to rebuild after the 8.8-magnitude temblor on Feb. 27 that killed more than 700 people, cut

Pimco Total Return, the world’s largest mutual fund with almost $210 billion in assets, sold swaps on Abu Dhabi bonds with a face value of $55 million, according to a portfolio report filed Feb. 26 with the U.S. Securities and Exchange Commission. The tradable insurance contracts matu

BANK of Queensland has moved its chief financial officer, Ram Kangatharan, into the newly created role of chief operating officer, in a move widely seen as positioning him to eventually take charge of the regional lender. Long-serving BoQ chief executive David Liddy said the new role was

AAP The bank will sell $450 million of fixed notes and a further $550 million of floating rate notes, both due on March 10, 2015, BOQ said in a statement on Monday. The federal government announced last month it would end its wholesale funding guarantee for local institutions on March

By Andrea Jaramillo Chile: Industrial output rose 3 percent in January from a year ago after declining 0.3 percent the previous month, according to the median estimate of 11 analysts surveyed by Bloomberg. The unemployment rate remained at 8.6 percent in January, according to a separate