Kiwibank launches five-year Kangaroo covered bond
- Wednesday, 16 September 2020
On 16 September, Kiwibank (A/A1/AA-) launched its debut, five-year, Kangaroo, soft-bullet, covered-bond deal. Indicative price guidance for the forthcoming deal is 75-80 basis points area over three-month bank bills. Pricing is expected on the day of launch, according to lead managers ANZ and UBS.
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