African Development Bank (AfDB), rated Aaa (Stable) / AAA (Stable) / AAA (Stable (Moody's / Fitch / S&P), successfully priced a NZD 100 million 5-year Kauri benchmark due 27th August 2019 through TD Securities. The notes pay a coupon of 4.50% and marks the first Kauri from the AfDB since February 2008.

Since the start of the year, yields for the 10-year TNote and Gilt have been more or less the same. At the same time, the yield spread between Bund and its UK and US counterparts has widened by 100bp, and is now not far off 150bp.

Over 2014 there has been a steady decline in the yield on German government bonds. As a result bunds have outperformed other developed markets. This outperformance could have been driven by two factors...

BondHawk Systems, LLC is pleased to announce the launch of BondHawk Trader, a robust fixed income platform for buy side and sell side firms. The system offers real-time position management, risk, and order management for traders, asset managers, and salespeople.

A new global initiative launched by DNV GL and Monday Morning Global Institute aims to identify opportunities for sustainable responses to a range of global risks. A series of eight workshops around the globe marks the start of the identification process. The results will be published in the first Global Opportunity Report in January 2015.