Kauri market ploughs ahead as IADB prices NZ$175 million in a new 2021 bond [UPDATED]
- Friday, 15 January 2016
Inter-American Development Bank (IADB) (AAA/Aaa) priced a new May 2021 Kauri bond on January 15. According to KangaNews data, IADB has previously issued three Kauri bonds – in 2007, 2008 and 2009. Only the most recent of these, a NZ$100 million (US$64.9 million) transaction printed in July 2009, is currently outstanding. This bond will mature in December 2017.
