European Investment Bank (EIB)'s (AAA/Aaa/AAA) outstanding Kauri market volume has passed the NZ$1 billion (US$698.4 million) mark with the February 4 pricing of the issuer's new NZ$200 million February 2013 line. The deal also marks EIB's return to the Kauri market after a long hiatus – its last New Zealand transaction came in March 2008.
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