NZDM borrowing requirement unchanged for 2019/20
- Wednesday, 11 December 2019
On 11 December, following the New Zealand government’s half year economic and fiscal update, New Zealand Debt Management (NZDM) revealed an unchanged core Crown borrowing programme for the 2019/20 financial year, at NZ$10 billion (US$6.6 billion). Around NZ$500 million of the issuance programme is expected to be undertaken in inflation-indexed bonds.
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