Pricing gap as Rentenbank and KBN return to Kauri market
- Thursday, 09 October 2008
Rentenbank (AAA/Aaa/AAA) and Kommunalbanken Norway (KBN) (AAA/Aaa) priced deals in the Kauri market on October 7 and 8 respectively, with the Bank of New Zealand (BNZ)-led new Rentenbank 2011 deal in particular drawing attention as a result of its swap-flat pricing.