Kāinga Ora updates funding plans including new tender programme

Kāinga Ora – Homes and Communities revealed updated issuance plans and the launch of a tender programme on 20 November. The issuer expects to borrow NZ$1 billion (US$691.7 million) in the first six months of calendar 2021. It also expects to raise NZ$100 million by tender in December 2020 to bring its total calendar year 2020 funding to NZ$1.9 billion.