World Bank reopens Kauri market with first deal in a month
- Thursday, 03 December 2009
In the first Kauri transaction to price since November 6, the World Bank (AAA/Aaa) increased its December 2014 bond by NZ$175 million (US$126.93 million) to bring the total outstanding in the line to NZ$475 million. The December 3 transaction was anchored by domestic demand according to TD Securities (TD), which lead-managed along with ANZ.
