Copying and distributing are prohibited without permission of KangaNews. Please contact jmasters@kanganews.com

 

Kiwibank launches domestic tier-two deal

Monday, 30 November 2020

On 30 November, Kiwibank launched an indicative NZ$275 million (US$193.2 million) 10-year tier-two deal with an interest rate reset date in December 2025. The transaction is the first bank capital deal in the New Zealand dollar market since the Reserve Bank of New Zealand finalised new bank capital requirements in December 2019.

Can't log in?

Become a registered user

Register

Register at KangaNews

  • One-stop information source on the Australasian debt markets
  • Keep up to date with the deals and trends making headlines
  • Keep up to date with league tables
  • Access to email updates on breaking deals and news

The content on www.kanganews.com is for information only. Please read our Terms & Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws. © BondNews Limited