Issue date: 
Tuesday, 14 July 2020

The Treasury has today announced that NZ$4.5 billion of nominal 15 May 2041 New Zealand Government Bonds have been issued via syndication.

The bonds, which carry a coupon of 1.75%, were issued at a spread of 31 basis points over the 15 April 2037 nominal bond, at a yield to maturity of 1.64%. Total book size, within the initial pricing guidance range of 29 to 36 basis points, exceeded NZ$8.5 billion. 

Settlement will occur on 21 July 2020 and further issuance of the new bond will not occur prior to October 2020.



Treasury Contacts

Kim Martin
Acting Director, Capital Markets

+64 4 890 7274

Matthew Collin
Head of Portfolio Management

+64 4 917 6015


Last updated: 
Tuesday, 14 July 2020