On 12 June, China Construction Bank New Zealand (CCB New Zealand) (A/A1) launched a new, NZ$75-100 million (US$52.7-70.2 million) five-year domestic deal. The forthcoming transaction has indicative price guidance of 130 basis points area over swap. Pricing is expected on or before 14 June, according to lead managers ANZ, Commonwealth Bank of Australia and Westpac Banking Corporation New Zealand Branch.