The Treasury has today announced that NZ$2.25 billion of nominal 15 May 2032 New Zealand Government Bonds have been issued via syndication.
The bonds, which carry a coupon of 2.00%, were issued at a spread of 13 basis points over the 15 May 2031 nominal bond, at a yield to maturity of 1.8725%. Total book size, within the initial pricing guidance range of 13 to 16 basis points, exceeded NZ$7.5 billion.
Settlement will occur on 16 June 2021 and there will be no further issuance of the new bond prior to September 2021.
Executive Director, Capital Markets
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