Deputy Secretary, Financial Operations and Head of NZDMO
The New Zealand Debt Management Office (NZDMO) announced today that $2.5 billion of 20 September 2030 inflation-indexed bonds have been issued via syndication.
The bonds, which carry a coupon of 3.0%, were issued at a spread of 27 basis points over the 20 September 2025 inflation-indexed bond, at a yield to maturity of 2.97%. Total book size, within the initial pricing guidance range of 27 to 33 basis points, exceeded $3.6 billion.
Settlement will occur on 16 October 2013.
The New Zealand Government inflation-indexed bond tender scheduled for 17 October 2013 will not be held and further issuance of the new 2030 inflation-indexed bond will not occur prior to January 2014.
Brendon Doyle | Treasurer
Tel: +64 4 917 6133
Sarah Vrede | Head of Portfolio Management
Tel: +64 4 917 6071