BNZ secures solid covered outcome despite concerns

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Covered Bonds

BNZ secures solid covered outcome despite concerns

Bill Thornhill
June 22, 2017 03:15 pm
New_Zealand_Kiwi_Fotolia_230x150
Kiwi crossing sign on the road in Westland National Park, South Island, New Zealand | /georgeburba - Fotolia

Bank of New Zealand (BNZ) issued an oversubscribed €750m seven year covered bond this week, meeting its size and spread ambitions despite concerns about the outlook for spreads.

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Topics

New ZealandAsia PacificOceaniaFIGCovered Bonds
BT
Bill Thornhill
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