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Australasian deal activity slowed in the third week of July, with KfW Bankengruppe and International Finance Corporation each executing taps. Meanwhile, Bluestone Group printed its first prime residential mortgage-backed securities transaction.

By adding a 15-year point on its curve, South Australian Government Financing Authority’s latest syndicated deal suggests continued investor appetite for longer-dated issuance.

On 22 July, ANZ New Zealand (AA-/A1/A+) revealed it is considering an indicative NZ$250 million (US$174.2 million), 10-year non-call five-year (10NC5), tier-two transaction. The deal is expected to be rated A- by S&P Global Ratings, with full details to be released by early August. ANZ is arranger and joint lead manager alongside Craigs Investment Partners, Forsyth Barr, Hobson Wealth Partners and Jarden Securities.