Source: New Zealand Treasury:
The Treasury has announced details of the regular New Zealand Government Bond tender schedule for the month of June 2020. Formal confirmation of each tender occurs on announcement dates.
| Tender | Bond | Maturity | Volume ($m) | Announcement | Tender | Settlement |
|---|---|---|---|---|---|---|
| 727 | Nominal | 15-Apr-25 | 500 | 03-Jun-20 | 04-Jun-20 | 09-Jun-20 |
| 727 | Nominal | 15-Apr-27 | 350 | 03-Jun-20 | 04-Jun-20 | 09-Jun-20 |
| 727 | Nominal | 14-Apr-33 | 200 | 03-Jun-20 | 04-Jun-20 | 09-Jun-20 |
| 728 | Nominal | 15-Apr-23 | 500 | 10-Jun-20 | 11-Jun-20 | 16-Jun-20 |
| 728 | Nominal | 20-Apr-29 | 350 | 10-Jun-20 | 11-Jun-20 | 16-Jun-20 |
| 728 | Nominal | 15-Apr-37 | 200 | 10-Jun-20 | 11-Jun-20 | 16-Jun-20 |
| 729 | Nominal | 15-Apr-25 | 500 | 17-Jun-20 | 18-Jun-20 | 23-Jun-20 |
| 729 | Nominal | 15-Apr-27 | 350 | 17-Jun-20 | 18-Jun-20 | 23-Jun-20 |
| 729 | Nominal | 14-Apr-33 | 200 | 17-Jun-20 | 18-Jun-20 | 23-Jun-20 |
| 730 | Nominal | 15-Apr-23 | 500 | 24-Jun-20 | 25-Jun-20 | 30-Jun-20 |
| 730 | Nominal | 20-Apr-29 | 350 | 24-Jun-20 | 25-Jun-20 | 30-Jun-20 |
| 730 | Nominal | 15-Apr-37 | 200 | 24-Jun-20 | 25-Jun-20 | 30-Jun-20 |
- Tenders will be governed by the official Operating Rules and Guidelines (PDF 574KB). The preference will be to fill tenders according to volumes announced in the tender schedule, to the extent possible.
- Subject to market conditions, a new 15 May 2024 nominal New Zealand Government Bond is expected to be launched, via syndication, in the week starting 15 June 2020. If this occurs, the scheduled bond tender for that week will be cancelled.
-
As previously announced, it is expected that a new nominal New Zealand Government Bond will be launched, via syndication, between 30 June and 30 September 2020, subject to market conditions. The maturity will be confirmed ahead of syndication. A syndicated tap of an existing nominal New Zealand Government Bond is also expected to take place within this period.
ENDS
Treasury Contacts
Kim Martin | Acting Director, Capital Markets
Tel: +64 4 890 7274
Matthew Collin | Head of Portfolio Management
Tel: +64 4 917 6015
