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ADB launches January 2023 Kauri tap

Thursday, 21 May 2020

On 21 May, Asian Development Bank (AAA/Aaa/AAA) launched a minimum NZ$100 million (US$61.3 million) increase to its January 2023 Kauri line. The forthcoming deal is being marketed at 33 basis points area over mid-swap, equivalent to 36.3 basis points area over New Zealand government bond.

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