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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World NZ's Auckland City sets note rate at 6.28 pct Reuters - Monday, March 22 Send IM Story Print (For the latest Australia and New Zealand bond news, double click on [AU/CRD] and then double click on the ID number) WELLINGTON, March 22 - New Zealand's Auckland City Council set the interest rate on its NZ$350 million ($246 million) five-year retail notes offer at 6.28 percent, it said on Monday. The council had previously said the final rate would be the higher of either 6.25 percent or 111 basis points over the five-year swap rate. The issue, rated AA-minus by S&P, will trade on the NZX's debt market on March 25. Auckland will use the funds for general financing purposes. Bank of New Zealand and Westpac Institutional Bank were bookrunners with First NZ Capital Securities and Goldman Sachs JBWere also acting as joint leads. Recommend Send IM Story Print Related Articles China to crack down anew on illicit capital inflows Reuters - 1 hour 5 minutes ago China's CNPC to issue 20 bln yuan bonds -sources Reuters - 1 hour 8 minutes ago India interested in China partnerships for roads, rail Reuters - 1 hour 10 minutes ago Mubadala 2009 revenue leaps,investments rise Reuters - 1 hour 11 minutes ago NIIT Tech gets Vietnam IT contract Reuters - 1 hour 13 minutes ago News Search Top Stories With health vote, Obama claims a new place in history British Airways strike enters final day Gene study highlights cancer risk for "never smokers" Merkel gives Greece EU stability pledge Hundreds evacuated after Iceland volcano erupts More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Fish and chips celebrates 150 years as a British classic 'Red Shirts' take to streets to win over Thai capital Hundreds evacuated after Iceland volcano erupts GM Daewoo recalls 58,000 vehicles in S.Korea: government British Airways strike enters final day More Most Viewed » Chile quake moved Earth's axis, shortened days: scientist Experts confirm asteroid wiped out the dinosaurs 'Britain's Fritzl' raped daughters for over 25yrs Researchers back cancer-fighting properties of papaya Prince Philip in strip club gaffe More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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