Deal and ratings review, week ending July 13 2012

In the week ending July 13, Australian issuance came in pairs as Kangaroo deals held steady and corporate issuance ticked up a notch with two deals pricing in each sector. There was also a duo of syndicated semi-government deals, by New South Wales Treasury Corporation and South Australian Government Financing Authority respectively. In New Zealand, Asian Development Bank priced its third-ever Kauri.