The Treasury today announced changes to the interest rates available on Kiwi Bonds, effective from 23 January 2025. The interest rates for the six-month and 12-month Kiwi Bonds have decreased to 4.0% and 3.75% respectively. The interest rates on the two-year and four-year Kiwi Bonds have not changed.
Kiwi Bond interest rates are set periodically from moving averages of domestic wholesale interest rates. The new Kiwi Bond interest rates have been set to better align to those available in wholesale markets.
The Kiwi Bonds rates are as follows:
For subscriptions of $1,000 - $500,000
Maturity | Rate |
---|---|
6 months | 4.00 percent per annum |
12 months | 3.75 percent per annum |
2 years | 3.75 percent per annum |
4 years | 3.75 percent per annum |
Ends
Treasury Contacts
Kim Martin | Director, New Zealand Debt Management
Tel: +64 4 890 7274
[email protected]
Paxton McKenzie | Head of Funding, Investment and Markets
Tel: +64 4 917 6925
[email protected]