News: National Australia Bank Ltd (NAB.AX)
6 Dec 2013
Tue, Dec 3 2013
Series 17 mortgage covered bonds issued by National Australia Bank Limited
(The following statement was released by the rating agency) SYDNEY, December 02 (Fitch) Fitch Ratings has assigned National Australia Bank Limited's (NAB, AA-/Stable/F1+) Series 17-1 issue of USD1.25bn mortgage covered bonds a rating of 'AAA'. The Outlook is Stable. The fixed-rate bond is due in February 2019 and benefits from a 12-month extendable maturity. This brings the total issuance from the programme to AUD13.0bn. KEY RATING DRIVERS The rating is based on NAB's Long-Term Issuer Defaul
Dec 2 - (The following statement was released by the rating agency)
SYDNEY, Nov 7 - Australian shares were down slightly on Thursday morning, with a handful of banking heavyweights losing ground after going ex-dividend while many investors took a breather after an earnings-driven rally.
SYDNEY, Oct 31 - Australian shares edged down 0.1 percent on Thursday, weighed down by losses in the financial sector after National Australia Bank slumped on concerns about its British business, but ended the month 4 percent higher to hover at five-year highs. NAB, the country's top lender by assets, tumbled 2.5 percent after it reported a record annual profit but analysts said its earnings potential had been constrained by its struggling British businesses. The S&P/ASX 200 i
SYDNEY, Oct 31 - Australian shares were flat on Thursday morning, as gains in miners were offset by losses in the financial sector after National Australia Bank slumped on concerns about its British business. NAB shares tumbled 3.5 percent to two-week lows, and last traded down 2.3 percent. The country's top lender by assets reported a record annual profit, but analysts said its earnings potential had been constrained by its struggling British businesses. "I thought it (th
SYDNEY, Oct 31 - Australian shares are likely to track Wall Street lower on Thursday after the Federal Reserve, as widely expected, left its massive stimulus programme in place and said it had a weaker growth outlook for the U.S. economy. * Local share price index futures rose 0.3 percent to 5,404.0, a 26.9-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.3 percent on Wednesday. * New Zealand's benchmark NZX 50 index slipped 0.3 percent to 4,8
* Final dividend up 7 cents to 97 cents; revenue up 2 pct
SYDNEY, Oct 31 - National Australia Bank Ltd posted a 9.3 percent rise in full-year cash earnings on Thursday, beating analysts forecasts on higher earnings from all its banking businesses.
Oct 23 - (The following statement was released by the rating agency)