Genworth Financial Mortgage Insurance Pty Ltd, established in 1997 and headquartered in Sydney, Australia, is a prominent life insurance company dedicated to offering mortgage insurance solutions. The firm primarily serves lenders by providing risk management products that support home ownership and enhance access to mortgage financing across the Australian market.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GNW 8.27% 2030-07-03 AUDGenworth Financial Mortgage Insurance Pty Ltd | Australia | 2030-07-03 | 8.265 | 8.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company began issuing bonds in 2006, with a focus on raising capital to support its mortgage insurance operations. Notably, their 2020 issuance of AUD 250 million in subordinated notes attracted significant investor interest due to its competitive yield of 3.50%, which was above the industry average during that period. Recent news surrounding their bond offerings includes plans for new issuances in an effort to capitalize on favorable market conditions, reflecting ongoing demand for their insurance products and the robust growth potential in the housing sector.