World Bank launches new seven-year Kauri

World Bank (AAA/Aaa) launched a new NZ$300 million (US$216.7 million) minimum, seven-year, Kauri transaction on 27 April. Indicative price guidance for the deal, which is expected to price on the day after launch, is 26 basis points area over mid-swap. ANZ, BNZ and Commonwealth Bank are leading.