All
 

 

Just in:  

You are here: Home»Markets»Fixed Income»Australia»Australia bond risk index jumps on credit volatility

australian-bondSYDNEY: Australia's bond risk index iTraxx opened 27 points higher at 157/158 points, according to data provider Markit, on fresh volatility in global credit markets.

A rise in iTraxx, a credit default swaps index of Australia's top 25 debt issuers, means that cost of protecting against companies defaulting on their debt is more expensive.

The biggest single movers were insurance company QBE Insurance Group , fund manager AMP , property developer GPT Group and wagering company Tabcorp .

"The single name are widening, affected by the iTraxx," said Augusto Medeiros, fixed income analyst at Deutsche Bank.

 

Copyright Reuters, 2011

 


 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln