Housing NZ releases book update for October 2026 wellbeing-bond tap

On 4 November, Housing New Zealand Limited (Housing NZ) (AA+ by S&P) revealed a book update for its October 2026 wellbeing-bond line increase. The indicative price guidance has been revised to 36-38 basis points area over mid-swap, after launching earlier in the day with a margin range of 35-39 basis points area. The book is in excess of NZ$350 million, with the issuer open to upsize. ANZ and BNZ are leading.