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SSAs get busy as Kauri market demonstrates ongoing appeal
Early-year supranational, sovereign and agency deal flow in the Kauri market demonstrates the attractiveness of New Zealand issuance to global borrowers, as deal sources say each of the three transactions completed by late January provided a positive outcome for its issuer.
Deal and ratings review, week ending 28 January 2022
Supranational, sovereign and agency borrowers provided the only deal flow in the week ending 28 January. Rentenbank priced a NZ$450 million (US$296.3 million) Kauri while KBN and KfW printed A$100 million (US$70.4 million) Kangaroos.