ADB to debut in Kauri market with first deal of 2010
- Wednesday, 20 January 2010
The debut Kauri deal from Asian Development Bank (ADB) (AAA/Aaa/AAA), which launched on January 20, is also the first Kauri transaction to launch in 2010. The issuer is bringing a new four-year deal in what will be the first New Zealand market trade from a supranational, sovereign and agency (SSA) issuer since World Bank (AAA/Aaa/AAA) priced a brace of taps in early December last year.
