Philip Combes
Treasurer, New Zealand Debt Management Office
The New Zealand Debt Management Office (NZDMO) has announced details of a tap tender to be held today, 15 July 2008.
The bonds to be issued are:
| Dates | Amounts |
|---|---|
| 15 April 2013 | $50 million |
| 15 December 2017 | $50 million |
Bidding and settlement details are as follows:
| Tenders | Dates |
|---|---|
| Tender bids close | 2.30pm, 15 July 2008 |
| Tender results announced | 3.00pm, 15 July 2008 |
| Settlement date | 18 July 2008 |
An announcement regarding the regular bond tender scheduled for 17 July 2008, will be made on 16 July 2008 at 11.30 am.
Taps tender are open to all institutions registered to bid in New Zealand government securities. All tenders will be conducted in accordance with the arrangements specified in the New Zealand Government Bonds Information Memorandum.
Bonds issued via tap tender will be within the 2008/09 Domestic Bond Programme of up to $3,400 million.
ENDS
Treasury Contact
Phillip Combes | Treasurer
Tel: +64 4 917 6133
Andrew Turner | Head of Portfolio Management
Tel: +64 4 917 6071