New Zealand Local Government Funding Agency is confident its latest Kangaroo deal demonstrates ongoing support for its name in Australian dollars, despite its recent loss of local repo eligibility. With four points now on its Australian dollar curve, the issuer says its new issuance focus will shift to building up line size rather than adding new benchmarks.
HIGH-GRADE ISSUERS YEARBOOK 2023
The ultimate guide to Australian and New Zealand government-sector borrowers.