Issue date: 
Thursday, 4 February 2021

The Treasury has today announced that NZ$3.5 billion of nominal 15 May 2026 New Zealand Government Bonds have been issued via syndication.

The bonds, which carry a coupon of 0.50%, were issued at a spread of 16 basis points over the 15 April 2025 nominal bond, at a yield to maturity of 0.745%. Total book size, within the initial pricing guidance range of 14 to 18 basis points, exceeded NZ$7.5 billion.

Settlement will occur on 10 February 2021 and there will be no further issuance of the new bond prior to May 2021.

 

ENDS

Treasury Contacts

Kim Martin
Acting Director, Capital Markets

+64 4 890 7274

Matthew Collin
Head of Portfolio Management

+64 4 917 6015

Last updated: 
Thursday, 4 February 2021