Rabobank New Zealand prices 2017 in new domestic deal [UPDATED]
Rabobank Nederland New Zealand Branch (Rabobank New Zealand) (AA/Aaa/AA) priced its third domestic deal of the year on April 20 in a new five-year issue. At an indicative 180 basis points over swap, the new deal's margin falls in line with the bank's two other domestic deals of 2012.
Register to read more ...
TCorp new issue response shows semi strength despite slow issuance market
While a general risk-off sentiment around pricing date may have assisted New South Wales Treasury Corporation (TCorp) (AAA/Aaa) in the issue of its latest benchmark line, leads on the deal say the semi-government sector continues to be well supported throughout market conditions seen in 2012. However, global volatility and the quantity of Australian dollar issuance later in the first quarter suggest a slower primary market in the near term.
Register to read more ...