A $1b interview

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.

One Response to A $1b interview

  1. Tired Farmer says:

    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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: