World Bank nets NZ$875 million in its largest-ever Kauri tap [UPDATED]
- Wednesday, 15 June 2016
On June 14, World Bank (AAA/Aaa) priced an increase to its January 2021 Kauri bond. According to KangaNews data, the deal is the issuer's second tap to this line. It was introduced in January for volume of NZ$550 million (US$386.6 million) and increased in April by a further NZ$600 million.
