The Wall Street Journel interview with John Key generated a bit of interest in New Zealand, but mostly by way of the isn’t-it-good-the-world-notices-us reporting.
Bernard Hickey reckons it was worth much more than that and explains how John Key secured a US1bln loan for New Zealand with a newspaper interview.
Hickey’s post explains how ANZ National secured a $1b bond issue in the USA, it’s worth reading in full so I’ll leave it with this:
It turns out the interview was a crucial factor in the success of the bond issue, the first long term issue by a New Zealand bank since July last year. It is likely to set the tone for more.
Thank you John.
View interesting comments on link below ” the money wasn’t earned, it is a loan”
http://www.interest.co.nz/ratesblog/index.php/2009/03/30/video-how-a-newsapaper-interview-secured-us1-bln-for-new-zealand/#comments
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