Treasurer, New Zealand Debt Management Office
Increase to the 2009/10 Domestic Bond Programme
The New Zealand Debt Management Office (NZDMO) announced today that the 2009/10 domestic bond programme has been increased by $2 billion to a maximum of $12.5 billion.
To date, the NZDMO has completed $10.47 billion of the $10.5 billion domestic bond programme announced in December.
"This increase to the programme allows us to continue regular issuance for the remainder of the fiscal year in line with market demand," said Mr. Philip Combes, Treasurer, NZDMO.
The 2010/11 domestic debt programme will be announced on 20 May 2010 in conjunction with the Government’s 2010 Budget.
Philip Combes | Treasurer
Tel: +64 4 917 6133
Andrew Turner | Head of Portfolio Management
Tel: +64 4 917 6071