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 Landlord

The 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

Property News

Key reform will only protect bad tenants

Getting rid of “no cause” termination notices only serves to protect bad tenants and will have a negative impact on the broader community, not just landlords, according to landlord advocates.

Commercial

Demand challenges for commercial sector

Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.

Mortgages

Mortgage rates may be at cycle low: ASB

Take note, investors: It is "quite possible" fixed rate mortgages have hit their lowest point in this cycle, according to economists at ASB.

Site by PHP Developer