Issue date: 
Tuesday, 25 August 2020

The Treasury has today announced that NZ$4.0 billion of nominal 15 April 2027 New Zealand Government Bonds have been issued via syndicated tap.

The bonds, which carry a coupon of 4.50%, were issued at a spread of 18 basis points over the 15 April 2025 nominal bond, at a yield to maturity of 0.325%. Total book size, within the initial pricing guidance range of 18 to 22 basis points, exceeded NZ$17.5 billion. 

Settlement will occur on 1 September 2020 and further issuance of the bond will not occur prior to November 2020.

 

ENDS

Treasury Contacts

Kim Martin
Acting Director, Capital Markets

+64 4 890 7274

Matthew Collin
Head of Portfolio Management

+64 4 917 6015

Last updated: 
Tuesday, 25 August 2020