Auckland City Council issues NZ$50 million June 2013 FRNs

by Eric Meijer | Mon, 14/06/2010 - 10:00

Auckland City Council issues NZ$100 million June 2013 FRNs


The Auckland City Council issued NZ $100 million in 3-year floating rate notes in two tranches, with a maturity date of 14 June 2013.

ANZ was the sole arranger for the first $50 million tranche. Auckland City Council then tapped this issue and issued a further $50m. ANZ and CBA were the joint arrangers for the second $50 million tranche.

Both tranches were rate set and settled on June 14.

Tranche 1

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Deal data
Issuer: 
Auckland City Council
Facility: 
New Zealand domestic senior institutional
Amount (million): 
50.00 NZD
Amount (AUD equivalent): 
40.51
Pricing Date: 
14/06/2010