BNZ launches five-year senior-unsecured deal

On 21 January, Bank of New Zealand (BNZ) (AA-/A1/AA-) launched a new, indicative NZ$100 million (US$66.1 million), five-year, senior-unsecured deal with indicative price guidance of 80-85 basis points over mid swap. Pricing for the self-led transaction is expected on 24 January.