The Treasury has today announced that NZ$4.0 billion of the nominal 15 May 2054 New Zealand Government Bond has been issued via syndication.
The bonds, which carry a coupon of 5.00%, were issued at a spread of 1 basis point over the 15 May 2051 nominal bond, at a yield to maturity of 5.0925%. Total book size, at final price guidance, exceeded NZ$19.1 billion.
Settlement will occur on 28 February 2024 and there will be no further issuance of the new bond prior to May 2024.
ENDS
Treasury Contacts
Kim Martin | Director, New Zealand Debt Management
Tel: +64 4 890 7274
Paxton McKenzie | Head of Funding, Investment, and Markets
Tel: +64 4 917 6925