Fixed income

Our fixed income business specialises in Australian fixed income, US high-yield and distressed credit and Asian and emerging markets.

Australian specialist

Macquarie is active in Australian Government and semi-Government fixed income and inflation linked bond markets. Our issuance activity includes all types of debt, but we are particularly well known for our securitisation activities. Every deal we arrange and place is supported by strong research and secondary market pricing.

We can arrange, place, structure and provide secondary market pricing and research for debt securities relevant to the Australian and New Zealand capital markets. Additionally, we have expanding capabilities in offshore markets that complement our Australian activities.

Macquarie also works with clients to help them structure and manage their current, future and potential interest rate exposures. Our range of products and services suit both asset and liability managers from standard or vanilla securities, to tailor-made offerings to suit more complex exposure management issues, generally at a total portfolio, or whole of project, level of risk.

US expertise

In the US, Macquarie’s business focus is on the US high-yield and distressed credit and the commercial real estate and CMBS markets. Products include investment grade, non-investment grade, distressed, trade claims, leveraged loans and credit default swaps. Our industry specialisations include healthcare, consumer/retail, energy/utilities, gaming/leisure, commodities/metals, infrastructure/transport, real estate and telecommunications.

Asian and emerging markets

We are specialists in Asian and emerging markets.  

Our Asian Markets business provides Asian rates and credit access to hedge funds, pension funds and other investor clients interested in Asia. We provide expert Asian-based origination through a skilled team in Singapore, Hong Kong and South Korea with a deep understanding of the region and specialist local market knowledge. 

In Emerging Markets, we trade Latin American rates and provide emerging market institutional investors with access to repo financing facilities.