IFC prices new NZ$150m 2017 Kauri bond

On July 28 International Finance Corporation (IFC) (AAA/Aaa) priced a second data point on its Kauri curve, bringing a NZ$150 million (US$99 million) 6.25 per cent December 15 2017 deal priced at 57 basis points over the benchmark 6 per cent New Zealand government bond (NZGB) via BNZ Capital (BNZ) and TD Securities (TD).