The Treasury has announced details of the regular New Zealand Government Bond (NZGB) tender schedule for the month of October 2023. Formal confirmation of each tender, including bond lines and volume per line, occurs on announcement dates.
Nominal Bond Tenders
For each weekly tender, the specific nominal bond lines, and volume per line, offered will be within the following ranges:
|Maturity||Issuance range ($m)|
|Apr-25 to May-30||150-300|
|May-31 to May-34||150-300|
|Apr-37 to May-51||0-150|
Inflation-Indexed Bond (IIB) Tenders
IIB tenders are scheduled for 12 October 2023 and 26 October 2023, subject to demand and market conditions. IIB tender details will be announced alongside nominal bond tender announcements.
- Tenders will be governed by the official Operating Rules and Guidelines. The preference will be to fill tenders according to volumes confirmed on the announcement date, to the extent possible.