The Treasury has today announced that NZ$4.5 billion of the nominal 15 May 2035 New Zealand Government Bond has been issued via syndication.
The bonds, which carry a coupon of 4.50%, were issued at a spread of 6 basis points over the 15 May 2034 nominal green bond, at a yield to maturity of 4.7775%. Total book size, at final price guidance, exceeded NZ$17.0 billion.
Settlement will occur on 11 April 2024 and there will be no further issuance of the bond prior to July 2024.
ENDS
Treasury Contacts
Paxton McKenzie | Head of Funding, Investment and Markets
Tel: +64 4 917 6925
[email protected]
Kim Martin | Director, New Zealand Debt Management
Tel: +64 4 890 7274
[email protected]