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NEW ZEALAND PRICES NZD 15.4YR SSA AA+ FIXED RATE SYNDICATED KIWI MARKET BOND

Post Date: 25 November 2021

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]

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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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