BNZ’s new two-year domestic deal progresses to launch
- Tuesday, 15 March 2022
Bank of New Zealand (BNZ) (AA-/A1/A+) launched its two-year domestic transaction on 15 March, disclosing an indicative margin of 53-58 basis points over swap benchmarks and minimum volume of NZ$100 million (US$67.5 million) in either or both of fixed- and floating-rate tranches. The self-led deal is due to price later the same day.
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