News

Under a new ASIC regime designed to expand the listed debt market in Australia,  the listed fixed interest market now includes both hybrid (part fixed/part floating) securities and fixed-only securities.

In September 2010 Ord Minnett was joint Lead Manager to the first issue of fixed interest under this new regime –  tbe Primary Health Care Retail Bonds Series A. As Joint Lead Manager to the issue, Ord Minnett was able to offer clients a firm allocation of the Bonds before they were listed on the ASX.

This is an excellent example of the opportunities that Ord Minnett is able to clients via its dedicated Fixed Interest desk.