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Australian Fixed-Income Newsletter: Beyond The Curve Jun 07

Standard & Poors, June 2007


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Abstract
nab, JP Morgan Chase, Investec (Australia), St George Bank, MPC Funding, Bank of New Zealand, ANZ National Bank, Aurora Securitisation Pty Ltd.-ReTRO Series, SMART Series 2007-2 Trust, Macquarie Office Finance Pty Ltd. Series 1, Macquarie Office Finance Pty Ltd. Series 2, Series 2007-1 Harvey Trust and Colonial First State Capital Management Pty Ltd. Series 1 (2007). Macquarie Airports (MAp), Westfield Group, New South Wales floods wash away margins for domestic insurers, Origin Energy Ltd., Brookfield Asset Management Inc. Series 2007-1 Harvey Trust, Aurora Securitisation Pty Ltd. - ReTRO Series, SMART Series 2007-2 Trust, Macquarie Office Finance Pty Ltd. Series 1, Macquarie Office Finance Pty Ltd. Series 2. Rinker Group Ltd. AXA After a quiet few weeks the domestic corporate bond...

Companies mentioned in this report are: National Australia Bank Ltd.,Bank of New Zealand,ANZ National Bank Ltd.,Credit Union Australia Ltd.,MPC Funding Ltd.,Colonial First State Capital Management Pty Ltd

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.




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