KBN prices a new 2023 maturity Kauri bond [UPDATED]

Kommunalbanken Norway (KBN) (AAA/Aaa) priced a new, seven-year Kauri bond on May 25. According to KangaNews data, KBN was most recently in the Kauri market in April issuing a NZ$100 million (US$67.1 million) tap to its May 2021 line. That transaction had pricing of 64 basis points over swap.