World Bank inaugurates 2012 Kauri market with 2016 tap [UPDATED]
- Tuesday, 07 February 2012
The first Kauri deal of the new year priced on February 8 as World Bank (AAA/Aaa) priced an increase to its existing August 2016 line. The tap was upsized to NZ$325 million (US$271.5 million) from NZ$200 million at launch, and added to a line which World Bank introduced in August last year as its only Kauri transaction of 2011.
