Agency rates NZ firms' returns
Tuesday 20 April 2004
Credit rating agency Rapid Ratings has released a first report on New Zealand listed debt securities.
By The LandlordThe NZDX Report compares 28 issuers and 58 capital notes issues. It was developed to assist investors to analyse risk and return in the New Zealand listed debt markets.
Rapid Ratings' chief executive Patrick Caragata called the report a "roadmap for risk" that would enable investors, traders and issuers to identify whether or not a security was appropriately priced relative to risk.
Telecom's TCNZ Finance and Sky City topped its first issuer list, while Fletcher Building continued a strong recovery.
Read More - Opens in a new window
Commenting is closed
There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.
Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.
LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.