On 14 November, China Construction Bank New Zealand (CCB New Zealand) (A/A1) launched a new NZ$75-100 million (US$48.1-64.1 million), five-year deal. Indicative price guidance for the forthcoming deal, which is expected to price on the day after launch, is 115-120 basis points area over mid-swap. ANZ, BNZ and Westpac Banking Corporation New Zealand Branch are leading.