In conjunction with the Half Year Economic and Fiscal Update 2014, the New Zealand Debt Management Office has released a domestic bond programme that is unchanged from the Pre-election Economic and Fiscal Update (PREFU) 2014 over a comparable period.
The addition of 2018/19 to the forecast period gives rise to a $7 billion bond programme in that year.
Domestic Bond Programme
HYEFU 2014 ($billion, face value) |
2014/15 | 2015/16 | 2016/17 | 2017/18 | 2018/19 | Total |
---|---|---|---|---|---|---|
Gross bond issuance | 8.0 | 7.0 | 7.0 | 7.0 | 7.0 | 36 |
Repayment of market bonds | 8.7 | 1.2 | - | 11.3 | 11.5 | 32.7 |
Net bond issuance | -0.7 | 5.8 | 7.0 | -4.3 | -4.5 | 3.3 |
ENDS
Treasury Contacts
Brendon Doyle | Deputy Secretary, Financial Operations and Head of NZDMO
Tel: +64 4 917 6133
Sarah Vrede | Head of Portfolio Management
Tel: +64 4 917 6071