IFC launches September 2023 Kauri increase

International Finance Corporation (IFC) (AAA/Aaa) launched a NZ$200 million (US$128.5 million) increase to its September 2023 Kauri bond on 19 August. Indicative price guidance for the transaction, which is expected to price on the day after launch, is 30 basis points area over mid-swap. ANZ is the lead manager.