IADB launches minimum NZ$200 million five-year Kauri transaction
- Thursday, 11 January 2018
On 11 January, Inter-American Development Bank (IADB) (AAA/Aaa) launched a new, minimum NZ$200 million (US$144.1 million) five-year Kauri bond. Indicative price guidance for the forthcoming transaction is 34 basis points area over mid-swap. Pricing is expected on the day after launch, according to joint lead managers ANZ, Commonwealth Bank and TD Securities.
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