Rabobank New Zealand issues new NZD 2018 FRN

On April 13 Rabobank Nederland New Zealand Branch (AAA/Aaa) priced a new NZ$250 million (US$197.6 million) April 2018 floating rate note (FRN), at 145 basis points over three-month FRA. This follows the pricing of a A$600 million fixed rate April 2018 deal issued by Rabobank Nederland Australia Branch (AAA/Aaa) on the same day.