Issue date: 
Monday, 3 August 2015

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

Last updated: 
Thursday, 23 June 2016