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World Bank opens Kauri market for SSA sector |
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On Friday July 20 the World Bank (AAA/Aaa) priced its debut NZ$350 million (US$278 million) seven-year global Kauri bond.
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Last Updated ( Tuesday, 24 July 2007 )
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Two triple-As to issue behind RBNZ repo eligibility change |
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Two supranationals have announced intentions to issue Kauri bonds and others are looking closely at the market as the Reserve Bank of New Zealand (RBNZ) announced an extension of its list of repo-eligible securities.
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Last Updated ( Tuesday, 24 July 2007 )
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RBNZ repo eligibility changes in detail |
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Effective September 3 2007, the RBNZ will broaden the range of securities acceptable for overnight reverse repo facility (ORRF) as a last resort facility for counterparties to access cash in exchange for security.
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Last Updated ( Wednesday, 18 July 2007 )
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Kaupthing targets further issuance at roadshow |
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Kaupthing Bank (Aa3/A), Iceland’s largest financial institution, is roadshowing in Australia and hopes to issue its first publicly-placed Kangaroo as soon as short-term market conditions move in its favour.
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Last Updated ( Wednesday, 18 July 2007 )
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Orix roadshow to focus on Australian subsidiary |
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Japan’s Orix Corporation (A-/Baa1) and its Australian subsidiary Orix Australia, which is subsidised by its parent and as such shares its credit rating, will roadshow in Australia at the start of August.
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Last Updated ( Monday, 16 July 2007 )
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