BNZ's NZ$415 million guaranteed tap illustrates growing demand
- Saturday, 04 July 2009
Bank of New Zealand (BNZ) (AA/Aa2) more than doubled the size of the only outstanding bond to be covered by the New Zealand government's wholesale guarantee on July 3, adding NZ$415 million (US$261.41 million) to the outstanding NZ$285 million in its February 2014 line.
