On 27 October, New Zealand Debt Management (NZDM) (AA+/Aaa/AA+) launched its new May 2028 nominal bond by syndication, expecting to raise NZ$2-4 billion (US$1.3-2.7 billion). The forthcoming deal has indicative price guidance of 13-17 basis points over the April 2027 New Zealand government bond.
New South Wales Treasury Corporation (TCorp)’s November 2030 green-bond deal achieved wider distribution than any of its previous green, social and sustainability (GSS) bond forays, deal sources say. The issuer and leads say the deal benefited from latent demand for labelled product and other tailwinds supporting the semi-government market.
The Reserve Bank of New Zealand (RBNZ) has embarked on an asset purchasing programme as part of its regular open market operations in support of monetary policy goals. KangaNews will provide subscribers with easy access to asset purchase data, which will be updated as information is made publicly available by the RBNZ.