Renten and KBN join hot Kauri market

Rentenbank was this week the latest supranational or agency to take advantage of the scorching popularity of the Kiwi dollar market, pricing its second tap of a March 2019 Kauri bond, with books closing at double its minimum target. The deal follows Kommunalbanken’s increase of its own March 2019 Kauri line and caps a busy month for Kauri, including African Development Bank’s first in the format in six years.