World Bank launches NZ$200 million five-year Kauri transaction

On 10 February, World Bank (AAA/Aaa) launched a new minimum NZ$200 million (US$128.1 million), five-year, Kauri bond transaction. The forthcoming deal, which is expected to price on the day after launch, is being marketed at 33 basis points area over mid-swap. ANZ and BNZ are joint lead managers.