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- Wednesday, 08 March 2023
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Tuesday, 07 March 2023
Offshore bid and favourable pricing support NZDM’s syndication splash
The NZ$4 billion volume of New Zealand Debt Management’s first syndicated transaction of calendar 2023 represents its largest deal since it was called on to fund the initial response to COVID-19 in 2020. The issuer credits offshore demand strength and a willingness to offer investors a compelling price for facilitating book and transaction volume.