World Bank Issues NZD 550M Sustainable Dev Bond miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Lead Manager Quotes
“Congratulations to the World Bank for another outstanding Kauri bond transaction, matching their own tranche size record for the market and setting a new benchmark for a 7-year offering. It was a well-timed deal, welcomed by the broad investor base that World Bank attracts in the New Zealand dollar market,” said Glen Sorensen, Director Syndicate, ANZ.
“The World Bank has continued their outstanding track record in 2020 of Kauri issuance to follow suit with another outstanding transaction in 2021. In achieving a second consecutive billion dollar Kauri transaction within six months, we have seen both the demand that the market has for high grade NZ paper at present, and the high regard that investors have for the World Bank as an issuer,” said Mike Faville, Head of Capital Markets, BNZ.