News in brief

New angles

Australian CDO market buzzing

Commonwealth Bank of Australia (CBA) has tapped its home market with A$166.5 million (US$113 million) worth of three-year portfolio credit-linked notes (CLNs). The five series of notes were issued through a repackaging vehicle called Shield,and were referenced to a pool of 100 equally rated investment-grade credits.

The deal comprises A$10 million of Series 11 notes rated AAA by ratings agencyStandard & Poor’s; A$11.5 million of Series 10 notes rated AA+; A

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here