World Bank Returns to Kauri Market with Largest 7-Year NZD 1.3 Billion Benchmark Bond
United States, April 13 -- The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has successfully priced a New Zealand dollar ("NZD") 1.3 billion 7-year 4.50% fixed-rate bond due April 22, 2033.This transaction marks the first issuance in the Kauri market for 2026 and stands as the largest 7-year bond ever issued in that market.The deal offers a spread versus mid-swaps of +40 basis points, equivalent to a spread of 10 basis points over the New Zealand Government Bond due April 2033 and has a semi-annual yield of 4.545%. The joint-lead managers for the transaction are ANZ, Commonwealth Bank of Australia, and Westpac.Investor Breakdown by TypeBy GeographyBy Investor TypeNew Zealand90%Banks/Bank Treasuries/...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.