BNZ opens NZ wholesale guaranteed market
- Thursday, 19 February 2009
Bank of New Zealand (AA/Aa2) (BNZ) priced the first deal from a New Zealand bank to be covered by the domestic sovereign guarantee on wholesale funding on February 18, bringing NZ$180 million (US$91.9 million) of five-year paper at 80 basis points over five-year mid-swap.
