S&P cited rising private-sector debt and property prices for lowering its rating outlooks on 25 Australian financial institutions to negative from stable. The 25 include regular senior unsecured bond issuers AMP Bank (rated A+), Bank of Queensland (A-), Bendigo and Adelaide Bank (A-), Macquarie Bank (A), Members Equity Bank (BBB) and Newcastle Building Society (BBB+). Frequent RMBS issuers, including MyState Bank (BBB), MB (BBB+) and Credit Union Australia (BBB+), also had their outlooks revised to negative.
展开▼
