Kommunalbanken Norway (KBN) (AAA/Aaa) printed NZ$150 million (US$108.2 million) - upsized from a launch volume of A$50 million - in an increase to its August 2025 Kauri bond on January 20. The tap issue priced flat to intial guidance of 85 basis points over mid-swap. According to KangaNews data, the line was introduced in August 2015 for volume of NZ$125 million and pricing of 45 basis points over mid-swap. It was most recently tapped in September 2015 for A$50 million at 46 basis points over mid-swap.