Aussie Banks Seem Sweeter to Bond Investors Even as Loans SourBy
Bank credit default swaps decline to least since January
Market undeterred by increased impairments reported this month
Debt investors are taking rising bad loans at Australia’s major banks in their stride, with the cost to insure their bonds falling to an almost four-month low.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.