NIB launches seven-year Kauri

Disclosure type: launch
Issuer name: Nordic Investment Bank
Issuer rating: AAA/Aaa
Expected issue rating: as issuer
Announcement date: 2 February 2023
Pricing date: 3 February 2023
Lead managers: ANZ, Commonwealth Bank of Australia, Westpac New Zealand Branch

Transaction type: senior-unsecured Kauri
Currency: NZD
Indicative volume: NZ$200 million (US$130.3 million)
Maturity date: 21 February 2030
Coupon type: fixed
Price guidance: 44bp/mid-swaps, equivalent to 62.15bp/April 2029 NZGBs