World Bank nets NZ$500 million in record SSA Kauri pricing

World Bank priced the fifth Kauri transaction of 2013 on February 5, selling NZ$500 million (US$421.2 million) in the market's largest-ever single-tranche pricing event. The deal will added to the NZ$1.275 billion of Kauri bonds priced in the first few weeks of the new year, which is itself already a record for international borrower issuance into the New Zealand market by the first week of February.