The Treasury has announced details of the regular New Zealand Government Bond (NZGB) tender schedule for the month of January 2021. Formal confirmation of each tender occurs on announcement dates.
| Tender | Bond | Maturity | Volume ($m) | Announcement | Tender | Settlement |
|---|---|---|---|---|---|---|
| 752 | Nominal | 15-May-24 | 200 | 13-Jan-21 | 14-Jan-21 | 19-Jan-21 |
| 752 | Nominal | 15-Apr-27 | 150 | 13-Jan-21 | 14-Jan-21 | 19-Jan-21 |
| 752 | Nominal | 15-May-41 | 100 | 13-Jan-21 | 14-Jan-21 | 19-Jan-21 |
| 753 | Nominal | 15-Apr-25 | 200 | 20-Jan-21 | 21-Jan-21 | 27-Jan-21 |
| 753 | Nominal | 20-Apr-29 | 150 | 20-Jan-21 | 21-Jan-21 | 27-Jan-21 |
| 753 | Nominal | 14-Apr-33 | 100 | 20-Jan-21 | 21-Jan-21 | 27-Jan-21 |
| 753 | Inflation-indexed | 20-Sep-40 | 50 | 20-Jan-21 | 21-Jan-21 | 27-Jan-21 |
| 754 | Nominal | 15-May-24 | 200 | 27-Jan-21 | 28-Jan-21 | 02-Feb-21 |
| 754 | Nominal | 15-Apr-27 | 150 | 27-Jan-21 | 28-Jan-21 | 02-Feb-21 |
| 754 | Nominal | 15-May-41 | 100 | 27-Jan-21 | 28-Jan-21 | 02-Feb-21 |
- Tenders will be governed by the official Operating Rules and Guidelines (PDF 493KB). The preference will be to fill tenders according to volumes announced in the tender schedule, to the extent possible.
- As previously announced on 16 December 2020, subject to market conditions, it is expected that two new nominal NZGBs will be launched, via syndication, before 30 June 2021.
- The first is expected to be a new 15 May 2026 nominal NZGB, to be launched in February 2021. The maturity of the other nominal NZGB, which is expected to be longer-dated than the 15 May 2026 NZGB, will be confirmed ahead of syndication.
ENDS
Treasury Contacts
Kim Martin | Acting Director, Capital Markets
Tel: +64 4 890 7274
Matthew Collin | Head of Portfolio Management
Tel: +64 4 917 6015