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Source: New Zealand Treasury:

The Treasury has today announced that NZ$4.0 billion of nominal 15 May 2028 New Zealand Government Bonds have been issued via syndication.

The bonds, which carry a coupon of 0.25%, were issued at a spread of 13 basis points over the 15 April 2027 nominal bond, at a yield to maturity of 0.305%. Total book size, within the initial pricing guidance range of 13 to 17 basis points, exceeded NZ$18.0 billion. 

Settlement will occur on 4 November 2020 and there will be no further issuance of the new bond prior to January 2021.

ENDS

Treasury Contacts

Kim Martin
Acting Director, Capital Markets

+64 4 890 7274

Matthew Collin
Head of Portfolio Management

+64 4 917 6015

Last updated: 

Wednesday, 28 October 2020

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