NIB returns to growing Kauri market

New_Zealand_flag_Adobe_575x375_16June20
By Frank Jackman
25 Jun 2020

The Nordic Investment Bank dropped into a busy Kauri market that has so far seen NZ$1.3bn ($835.8m) of SSA deals this month.

June has been the strongest month for Kauri deals since January 2018, when NZ$2.225bn made its way through the market. Year to date, volumes are at NZ$3.3bn, compared with NZ$1.8bn at the same point last year.

NIB raised NZ$400m with a 0.75% July 2025 bond on its return ...

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