Issue date: 
Monday, 11 May 2009

Immediate Release

Philip Combes
New Zealand Debt Management Office

Changes to Kiwi Bond Interest Rates

The New Zealand Debt Management Office announced today that the interest rates for six-month and one-year Kiwi Bonds will decrease by 0.50% to 2.50%, effective immediately.  The rate for two-year bonds will remain at 3.00%.

Kiwi Bond interest rates are set periodically from moving averages of domestic wholesale rates.  The new rate has been set in response to recent changes in wholesale market interest rates.

The new 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 3.00 percent per annum


Treasury Contact

Valerie Jeal | Information Services Manager
Tel: +64 4 471 5911

Last updated: 
Friday, 8 July 2016