World Bank highlights strategic importance of AUD

In the wake of its return as a Kangaroo and Kauri issuer, the World Bank (AAA/Aaa/AAA) has reaffirmed its strategic commitment to the growing Australian market and expressed satisfaction at the development of opportunities in New Zealand. On February 3 the World Bank sold a A$1.5 billion (US$1.3 billion) Kangaroo and a NZ$300 million (US$205.95 million) Kauri in its first Australasian transactions of 2010.