New Zealand has priced a syndicated NZD denominated Kiwi market bond which matures in 2037.
A Kiwi bond is a NZD-denominated bond issued by a New Zealander entity in the New Zealander Domestic Bond market.
| Issuer Details | |
| Issuer | New Zealand, Government of |
| LEI | 549300237GPHG2AI7C34 |
| Industry | Government - Sovereign |
| Country | New Zealand |
| Issuer Description | The two major sectors of the New Zealand bond market are Government Bonds and Corporate Bonds.The government bond sector is a broad category that includes ‘sovereign’ debt, which is issued and backed by a central government. Sovereign bonds are generally considered to have a very low default risk as is evident in the AAA credit rating of New Zealand Government Bonds.The next largest sector of the bond markets is corporate bonds. Corporations borrow money in the bond market to expand operations or fund new business ventures. They fall into two broad categories: investment grade and unrated bonds. |
| Generic Credit Rating | [Login to see full details] |
| Moody's Credit Rating | [Login to see full details] |
| S&P Credit Rating | [Login to see full details] |
| Fitch Credit Rating | [Login to see full details] |
| Trade Details | |
| Amount | NZD [Login to see full details] |
| Total Amount including taps | NZD [Login to see full details] |
| Total Amount Outstanding | NZD [Login to see full details] |
| Total Order Book | NZD [Login to see full details] |
| Structure | Fixed Rate |
| The coupon is [Login to see full details] | |
| Term | [Login to see full details] |
| Trade Date | [Login to see full details] |
| Settlement Date | [Login to see full details] |
| Maturity Date | [Login to see full details] |
This is a tap of an earlier placement. Login for more details.
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A Kiwi bond is a NZD-denominated bond issued by a New Zealander entity in the New Zealander Domestic Bond market.
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