Brisk KBN taps Kauri market

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Brisk KBN taps Kauri market

New Zealand dollar investors’ demand for top-rated sovereign supranational and agency borrowers showed no signs of faltering this week when Kommunalbanken priced its second Kauri deal of the year on Wednesday — a NZ$150m 4.25% five year note, which was increased by NZ$50m.

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