Issue date: 
Wednesday, 23 February 2022

The Reserve Bank of New Zealand has today announced it intends to undertake sales of New Zealand Government Bonds (NZGBs), held under the Large-Scale Asset Purchases programme, to New Zealand Debt Management.

Any resulting changes to forecast funding requirements will be incorporated in the updated forecast core Crown borrowing programme, alongside Budget 2022 on 19 May 2022. The Reserve Bank’s intention to undertake sales of NZGBs does not change the forecast core Crown borrowing programme for the fiscal year ending 30 June 2022.

New Zealand Debt Management and the Reserve Bank will continue to collaborate closely to ensure the efficient functioning of the New Zealand Government Bond market.

ENDS

 

Treasury Contacts

Kim Martin | Head of New Zealand Debt Management
Tel: +64 4 890 7274
[email protected]

Matthew Collin | Head of Funding, Investment and Markets
Tel: +64 4 917 6015
[email protected]

Last updated: 
Wednesday, 23 February 2022