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DEAL: ASB BANK NZD 5.0YR FIG AA- FIXED RATE KIWI PRIVATE BOND

Post Date: 22 June 2022

New Zealand based Savings Bank ASB Bank Ltd has finalised a private placement in the NZD Fixed Rate Kiwi Bond market. The financing matures in 2027 and was executed by a single dealer. 

A Kiwi bond is a NZD-denominated bond issued by a New Zealander entity in the New Zealander Domestic Bond market.

For all the deals placed in the market today use the Bond Market or Money Market Viewers.

Issuer Details
Issuer ASB Bank Ltd
LEI 549300IBZWZL1KTPF918
Industry Bank - Savings
Country New Zealand
Issuer Description The Auckland Savings Bank. 75% owned by the Commonwealth Bank of Australia.. ASB Bank Limited provides a full range of commercial banking services for retail and corporate customers. The Bank offers deposit products, corporate banking, foreign exchange, home loans, credit cards, insurance, internet banking, and investment services. ASB Bank serves customers in Australia and New Zealand.
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Trade Details
Security Type Bond
Amount NZD [Login to see full details]
Total Amount including taps NZD [Login to see full details]
Total Amount Outstanding NZD [Login to see full details]
Total Order Book NZD [Login to see full details]
Structure Fixed Rate
Coupon [Login to see full details]
Reoffer [Login to see full details]
Term [Login to see full details]
Yield Notes [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [Login to see full details]

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A Kiwi bond is a NZD-denominated bond issued by a New Zealander entity in the New Zealander Domestic Bond market.

Check here for all issuer’s year to date financings.


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