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Executing the Government's borrowing requirements with a goal of managing debt in a way that minimises costs while keeping risk at an appropriate level. See a snapshot of who we are and what we do.

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The Treasury – New Zealand
New Zealand Government

Debt Management Website Disclaimer

The information on this website is issued by New Zealand Debt Management for informational purposes. To the extent that this website refers to an offer of securities, no offer is made to anyone accessing this website outside of New Zealand and otherwise than in compliance with any applicable securities laws or regulations.

Nominal Bonds, Inflation-Indexed Bonds and Treasury Bills: Wholesale domestic government debt securities, including nominal bonds, inflation-indexed bonds and Treasury bills (together, “Government Securities”) cannot be purchased directly from New Zealand Debt Management by individuals. Only registered tender counterparties who participate in a Government Securities tender process are able to purchase Government Securities from New Zealand Debt Management. Any offer documents provided or contained on this website relating to Government Securities contain an offer to registered tender counterparties only.

Where Government Securities are offered on the secondary market to any person in any jurisdiction, such Government Securities are not offered, and must not be bought or sold, except under circumstances that will result in compliance with any applicable securities laws or regulations.

Kiwi Bonds: Only people who are New Zealand residents can purchase Kiwi Bonds from New Zealand Debt Management. No offer of Kiwi Bonds is made to anyone who is not a New Zealand resident. For the avoidance of doubt, this means anyone resident outside New Zealand, even if they hold New Zealand citizenship, is ineligible to purchase Kiwi Bonds from New Zealand Debt Management. No offer of Kiwi Bonds from New Zealand Debt Management is made to any person who holds New Zealand citizenship but is resident outside New Zealand.

Users accessing this website from outside New Zealand acknowledge and accept that they will comply with any applicable securities laws or regulations.

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    • About Us
      • Snapshot
      • Credit Ratings
      • Key Personnel
      • Structure
      • Legal Framework
      • Contact Us
    • Funding Strategy
      • Risk Management
    • Government Securities
      • Nominal Bonds
        • Nominal Bonds — Repurchases
      • Inflation-Indexed Bonds
      • Treasury Bills
    • Investor Resources
      • New Zealand Government Securities Funding Strategy
      • New Zealand Government Securities Overview
      • Economic and Financial Information
      • Media Statements
      • Investor Presentations
      • Data
    • Kiwi Bonds
      • Kiwi Bond Interest Rates
    • Contact Us
    • Subscribe for updates

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