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NIB launches five-year Kauri deal

Monday, 22 June 2020

On 22 June, Nordic Investment Bank (NIB) (AAA/Aaa) launched a five-year, minimum NZ$150 million (US$96.1 million), Kauri transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day after launch, is 43 basis points area over mid-swap. ANZ and BNZ are leading.

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