NIB's Kauri bond priced

20.9.2011 News

A new NZD 125 million Kauri bond is priced for the Nordic Investment Bank. The floating rate note is due 20 September 2021, coupon rate is 40bp/BKBM and issue/re-offer price is set at par. Sole Lead manager is ANZ. NIB’s outstanding Kauri volume is now NZD 675 million, consisting of three Kauri lines.