New Zealand Debt Management is one of the functions of the Capital Markets Directorate at the New Zealand Treasury, the Government’s lead advisor on economic, financial and regulatory policy.
We oversee the Government's borrowing requirements and associated activities, with a goal of managing debt in a way that minimises costs over the long-term, while keeping risk at an appropriate level.
Major responsibilities include:
- financing the Crown’s gross borrowing requirement and managing New Zealand dollar and foreign-currency assets
- settling and accounting for all transactions
- maintaining and developing an appropriate framework for efficiently managing the portfolio and the risks associated with it
- disbursing cash to departments and facilitating departmental cash management
- providing reporting for fiscal forecasting and financial statements, and
- maintaining a diversified funding base and, where appropriate, enhancing relationships with investors who hold, or are potential holders of, New Zealand government securities and with financial intermediaries and the international credit rating agencies.