Source: New Zealand Treasury:
The Treasury has today announced that NZ$3.0 billion of the nominal 15 May 2051 New Zealand Government Bond has been issued via syndication.
The bonds, which carry a coupon of 2.75%, were issued at a spread of 25 basis points over the 15 May 2041 nominal bond, at a yield to maturity of 2.8575%. Total book size, at final price guidance, exceeded NZ$12 billion.
Settlement will occur on 24 September 2021 and there will be no further issuance of the new bond prior to December 2021.
ENDS
Treasury Contacts
Andrew Hagan
Executive Director, Capital Markets
+64 4 917 6937
Matthew Collin
Head of Portfolio Management
+64 4 917 6015
Last updated:
Tuesday, 14 September 2021
