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NZDM lands record book as capacity concerns continue to ease
New Zealand Debt Management landed another record for its syndicated issuance, this time for the largest orderbook of any New Zealand government bond deal in the primary market. The issuer says the NZ$31.3 billion of bids – which is also where demand peaked – demonstrates that the theme of exceptional demand for New Zealand sovereign debt in 2025 continues to play out as new investors flock to books and longstanding buyers place larger bids.