Primary market deal flow continued in the week ending 14 April, despite a shortened week due to the Easter long weekend and the midweek US inflation print. Highlights include New Zealand Local Government Funding Agency’s debut sustainable financing bond – a NZ$1.1 billion (US$693.8 million) trade that priced at more than three-times its indicative volume at launch – and Resimac’s upsized A$1 billion (US$678.7 million) nonconforming residential mortgaged-backed securities transaction.