The Treasury has today announced that an additional NZ$3.5 billion of the nominal 15 May 2028 New Zealand Government Bond has been issued via syndicated tap.
The bonds, which carry a coupon of 0.25%, were issued at a spread of 4 basis points under the 15 April 2027 nominal bond, at a yield to maturity of 4.6200%. Total book size, at final price guidance, exceeded NZ$15.5 billion.
Settlement will occur on 13 June 2024 and there will be no further issuance of the bond prior to September 2024.
ENDS
Treasury Contacts
Paxton McKenzie | Head of Funding, Investment and Markets
Tel: +64 4 917 6925
[email protected]
Kim Martin | Director, New Zealand Debt Management
Tel: +64 4 890 7274
[email protected]