Taupo Council issues NZ$25m July 2012 FRN
Taupo District Council issued NZ$25 million in floating rate notes
with a maturity 23 July 2012. Sole lead manager for the deal is ANZ.
The details of the deal are:
Amount: NZ$25 million
Maturity: 23 July 2012
Coupon: Three-month BKBM + 120bps
Issue price: 100 percent
Sole lead manager: ANZ