Rentenbank joins BNG as NZ$500 million-plus Kauri agencies [UPDATED]

The NZ$50 million (US$38.29 million) increase to Rentenbank’s (AAA/Aaa/AAA) 2017 Kauri bond, which priced on June 6, has made it the second agency to exceed NZ$500 million outstanding in the market – until recently the repo-eligibility limit imposed on such issuers by Reserve Bank of New Zealand.