World Bank prices 2016's biggest Kauri deal with tap to its five-year deal
- Thursday, 14 April 2016
On April 14, World Bank (IBRD) (AAA/Aaa) priced an increase to its January 2021 Kauri bond. At NZ$600 million (US$413.6 million) the increase is the largest Kauri transaction of the year, according to KangaNews data, supplanting the NZ$550 million sold when World Bank debuted the same bond on January 13.
