EDC adds NZ$125 million to its May 2020 Kauri bond [UPDATED]
- Tuesday, 19 January 2016
On January 19 Export Development Canada (EDC) (AAA/Aaa) priced an increase of its May 2020 Kauri. EDC's May 2020 line, its longest outstanding Kauri bond, was introduced in April last year at NZ$300 million (US$192.8 million) with pricing of 17 basis points over mid-swap.
