Auckland Council (AA/Aa2) launched its NZ$150-200 million (US$103.9-138.6 million) five-year green bond transaction on 18 June. The forthcoming deal is being marketed at 47-55 basis points over swap, with the final margin and interest rate to be set following a bookbuild scheduled to take place on 21 June. ANZ is arranger and lead manager for the transaction.