Optimism is rising that 2014 will be a strong year for the New Zealand dollar markets after Kauri issuer Export Development Corporation (EDC) (AAA/Aaa) became the first issuer to dip its toe in the water. With the outlook for domestic issuance in 2014 broadly believed to be more positive than it was for 2013 and signs that Kauri momentum from last year may be maintained, intermediaries say the ingredients are there for a bumper new issuance year in New Zealand.

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