Export Development Canada (EDC) (AAA/Aaa) priced its first Kauri transaction since June 2008 on March 8 in the form of a NZ$200 million (US$163.9 million), five-year issue. EDC issued a total of NZ$675 million in three Kauri transactions between 2007 and 2008 but the last of that paper matured in June last year, according to KangaNews data.
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