The Treasury has announced details of the regular New Zealand Government Bond tender schedule for the month of July 2020. Formal confirmation of each tender occurs on announcement dates.
| Tender | Bond | Maturity | Volume ($m) | Announcement | Tender | Settlement |
|---|---|---|---|---|---|---|
| 730 | Nominal | 15-Apr-25 | 450 | 01-Jul-20 | 02-Jul-20 | 07-Jul-20 |
| 730 | Nominal | 15-May-31 | 350 | 01-Jul-20 | 02-Jul-20 | 07-Jul-20 |
| 730 | Inflation-indexed | 20-Sep-40 | 50 | 01-Jul-20 | 02-Jul-20 | 07-Jul-20 |
| 731 | Nominal | 15-Apr-23 | 450 | 08-Jul-20 | 09-Jul-20 | 14-Jul-20 |
| 731 | Nominal | 20-Apr-29 | 350 | 08-Jul-20 | 09-Jul-20 | 14-Jul-20 |
| 731 | Nominal | 14-Apr-33 | 150 | 08-Jul-20 | 09-Jul-20 | 14-Jul-20 |
| 732 | Nominal | 15-Apr-25 | 450 | 15-Jul-20 | 16-Jul-20 | 21-Jul-20 |
| 732 | Nominal | 15-May-31 | 350 | 15-Jul-20 | 16-Jul-20 | 21-Jul-20 |
| 732 | Inflation-indexed | 20-Sep-40 | 50 | 15-Jul-20 | 16-Jul-20 | 21-Jul-20 |
| 733 | Nominal | 15-Apr-23 | 450 | 22-Jul-20 | 23-Jul-20 | 28-Jul-20 |
| 733 | Nominal | 20-Apr-29 | 350 | 22-Jul-20 | 23-Jul-20 | 28-Jul-20 |
| 733 | Nominal | 14-Apr-33 | 150 | 22-Jul-20 | 23-Jul-20 | 28-Jul-20 |
| 734 | Nominal | 15-Apr-25 | 450 | 29-Jul-20 | 30-Jul-20 | 04-Aug-20 |
| 734 | Nominal | 15-May-31 | 350 | 29-Jul-20 | 30-Jul-20 | 04-Aug-20 |
| 734 | Inflation-indexed | 20-Sep-40 | 50 | 29-Jul-20 | 30-Jul-20 | 04-Aug-20 |
- Tenders will be governed by the official Operating Rules and Guidelines (PDF 574KB). The preference will be to fill tenders according to volumes announced in the tender schedule, to the extent possible.
- Subject to market conditions, a new 15 May 2041 nominal New Zealand Government Bond is expected to be launched, via syndication, in the week starting 13 July 2020. If this occurs, the scheduled bond tender for that week will be cancelled.
- Subject to market conditions, it is expected that a syndicated tap of the existing 15 April 2027 nominal New Zealand Government Bond will be undertaken in August 2020.
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