NIB returns to Kauri market with NZ$200 million new 2017 [UPDATED]
- Wednesday, 29 February 2012
Nordic Investment Bank (NIB) (AAA/Aaa) priced a new five-year Kauri deal on March 1 in a transaction that makes the supranational the second largest borrower in the Kauri market by issued volume. NIB has placed NZ$1.5 billion (US$1.3 billion) of Kauris following the new transaction's pricing, NZ$100 million more than the third largest issuer in the market, International Finance Corporation.
