Issue date: 
Thursday, 5 May 2011

Immediate Release

Philip Combes
Treasurer
New Zealand Debt Management Office

Changes to Kiwi Bond Interest Rates

The New Zealand Debt Management Office announced today that the interest rates for Kiwi Bonds will decrease by 0.50% for all maturities, effective immediately.

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 2.25 percent per annum
1 year 2.50 percent per annum
2 years 3.00 percent per annum

ENDS

 

Treasury Contact

Valerie Jeal | Investor Relations Manager
Tel: +64 4 471 5911

Last updated: 
Friday, 8 July 2016