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FIGCovered Bonds

ASB re-engages with covered bond investors

New_Zealand_flag_Adobe_575x375_16June20

Commonwealth Bank of Australia's New Zealand subsidiary ASB Finance issued its largest covered bond on Tuesday, the first 10 year from New Zealand and the first covered bond from the country since January 2019. The focus for this week’s transaction was all about re-engaging with investors, said ASB Bank treasurer, Chandu Bhindi.

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