Deputy Secretary, Financial Operations and Head of NZDMO
Changes to Kiwi Bond Interest Rates
The New Zealand Debt Management Office today announced changes to the interest rates for Kiwi Bonds effective from 3 August 2015. The interest rates for six-month, one-year and two-year Kiwi Bonds have been lowered to 2.50% and the rate for the four-year Earthquake Kiwi Bond has been lowered to 2.75%.
The Kiwi Bond rates are as follows:
For subscriptions of $1,000 - $500,000
Maturity | Rate |
---|---|
6 months | 2.50 percent per annum |
1 year | 2.50 percent per annum |
2 years | 2.50 percent per annum |
Earthquake Kiwi Bond
Maturity | Rate |
---|---|
4 years | 2.75 percent per annum |
ENDS
Treasury Contact
Valerie Jeal | Investor Relations Manager
Tel: +64 4 471 5911