New May 2036 nominal NZGB to be issued
Stuart Ritson -
At the Budget Economic and Fiscal Update (BEFU) in May, New Zealand Debt Management (NZDM) announced it expected three nominal bond syndications will be undertaken in 2024/25, one of which will be the establishment of a new bond line. The August tender schedule revealed the new line would be a 15 May 2036 maturity and it would be launched before September 30.
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