Immediate Release
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 2 October 2015. The interest rates for six-month, one-year and two-year Kiwi Bonds have been lowered to 2.25% and the rate for the four-year Earthquake Kiwi Bond has been lowered to 2.50%.
The Kiwi Bond rates are as follows:
For subscriptions of $1,000 - $500,000
Maturity | Rate |
---|---|
6 months | 2.25 percent per annum |
1 year | 2.25 percent per annum |
2 years | 2.25 percent per annum |
Earthquake Kiwi Bond
Maturity | Rate |
---|---|
4 years | 2.50 percent per annum |
ENDS
Treasury Contact
Valerie Jeal | Investor Relations Manager
Tel: +64 4 471 5911