On January 18, World Bank (AAA/Aaa) printed NZ$550 million (US$396.1 million) - upsized from a launch volume of NZ$200 million - in a new, five-year Kauri transaction. According to KangaNews data, World Bank was most recently in the Kauri market in June last year when it printed a NZ$875 million in a tap to its January 2021 line. This transaction priced at 44 basis points over mid-swap.
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