Issue date: 
Wednesday, 27 July 2022

The Treasury has announced details of the regular New Zealand Government Bond (NZGB) tender schedule for the month of August 2022. Formal confirmation of each tender occurs on announcement dates.

Tender  Bond Maturity  Volume ($m) Announcement Tender Settlement
825 Nominal 15-May-26 200 03-Aug-22 04-Aug-22 09-Aug-22
825 Nominal 20-Apr-29 150 03-Aug-22 04-Aug-22 09-Aug-22
825 Nominal 15-May-51 50 03-Aug-22 04-Aug-22 09-Aug-22
826 Nominal 15-Apr-27 200 10-Aug-22 11-Aug-22 16-Aug-22
826 Nominal 15-May-32 150 10-Aug-22 11-Aug-22 16-Aug-22
826 Nominal 15-Apr-37 50 10-Aug-22 11-Aug-22 16-Aug-22
827 Nominal 15-May-26 200 17-Aug-22 18-Aug-22 23-Aug-22
827 Nominal 20-Apr-29 150 17-Aug-22 18-Aug-22 23-Aug-22
827 Nominal 15-May-51 50 17-Aug-22 18-Aug-22 23-Aug-22
828 Nominal 15-Apr-27 200 24-Aug-22 25-Aug-22 30-Aug-22
828 Nominal 15-May-32 150 24-Aug-22 25-Aug-22 30-Aug-22
828 Nominal 15-Apr-37 50 24-Aug-22 25-Aug-22 30-Aug-22

 

  • Tenders will be governed by the official Operating Rules and Guidelines (PDF 222KB). The preference will be to fill tenders according to volumes announced in the tender schedule, to the extent possible.
  • Inflation-indexed bond (IIB) tenders are scheduled for 11 August 2022 and 25 August 2022, subject to demand and market conditions. IIB tender details will be announced on the Wednesday prior to the Thursday tender and held alongside nominal bond tenders at 2pm.
  • Subject to market conditions, it is expected that a syndicated tap of the existing 2035 IIB, alongside a repurchase of the 2025 IIB, will be undertaken in August 2022. Further details, including the week of syndication and syndicate panel, will be announced in subsequent updates. As per usual practice, if the syndication occurs, the tender that is scheduled in the same week will be cancelled.

ENDS

Treasury Contacts

Matthew Appleby | Acting Head of Funding, Investment and Markets
Tel: +64 4 831 4629
[email protected]

Kim Martin | Head of New Zealand Debt Management
Tel: +64 4 890 7274
[email protected]

Last updated: 
Wednesday, 27 July 2022