Rabobank NZ increases 2012 line by NZ$250 million

Rabobank Nederland New Zealand Branch (Rabobank NZ) (AAA/Aaa) added NZ$250 million (US$164 million) to its 2012 line on July 27, more than doubling its outstanding size to NZ$450 million on the back of increasing institutional investor demand for bank paper. There has now been NZ$1.315 billion of local bank issuance in July.