Thursday, 17 January 2008

More NZD Investment...NZD415m!!

TOKYO, Jan 17 (Reuters) - The Inter-American Development Bank [IADB.UL] will sell a $17 million uridashi bond, a A$215 million ($189.4 million) uridashi bond, and a NZ$415 million ($319.2 million) uridashi bond, market sources said on Thursday.

The bonds will be issued on Jan. 29.

The U.S. dollar uridashi bond will carry a 2.64 percent coupon, with a maturity date of Jan. 27, 2012.

The Aussie bond will carry a 6.39 percent coupon and mature on Jan. 27, 2011. The kiwi bond will have a 7.41 percent coupon and mature on Jan. 29, 2010. The sales period runs from Jan. 18 through 29.

The IADB is rated at Aaa by Moody's Investors Service and AAA by Standard & Poor's.

That's over 1 billion in 2 days!!

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