New Zealand
On 3 June 2010, Bank of New Zealand announced that it had launched the first covered bond programme in Australasia. Covered bonds issued by Bank of New Zealand will be rated 'Aaa' by Moody's Investor Service and 'AAA' by Fitch Ratings. No issuers in New Zealand, Australia or surrounding countries have issued covered bonds previously.
Read more about this topic: Covered Bond
Famous quotes containing the word zealand:
“Teasing is universal. Anthropologists have found the same fundamental patterns of teasing among New Zealand aborigine children and inner-city kids on the playgrounds of Philadelphia.”
—Lawrence Kutner (20th century)