2008 Kauri League Table - Excl. Self-led Deals

1 Jan to 31 Dec 2008
Bookrunner Volume
(NZ$M)
No.
Deals
% Total
Volume
ANZ Institutional 1,250 13 36.1
TD Securities          813 5 23.4
Bank of New Zealand         765 8 22.1
RBC Capital Markets          488 5 14.1
Westpac Institutional Bank
150
3
4.3 
TOTAL       3,465   100
SOURCE: KANGANEWS DECEMBER 31 2008

Criteria: NZ$25m minimum size (except for increases: eligible if original deal meets size criterion); One year minimum maturity or call date; Settlement date used for date calculations; Pricing must be disclosed; Bookrunners given equal  allocation. 

Must also meet criteria for Kauri bond definition: Settled via Austraclear NZ; Issuer domiciled offshore; Denominated in NZD; Documented offshore (except for supranationals of which NZ is a member).