The Treasury has today announced that NZ$6 billion of the nominal 15 May 2036 New Zealand Government Bond has been issued via syndication.
The bonds, which carry a coupon of 4.25%, were issued at a spread of 9 basis points over the 15 May 2035 nominal bond, at a yield to maturity of 4.365%. Total book size, at final price guidance, exceeded NZ$22.7 billion.
Settlement will occur on 27 August 2024 and there will be no further issuance of the bond prior to January 2025.
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]