NZDMO updates on its funding strategy following NZ$2 billion syndicated deal

Despite significant demand for its latest syndicated deal, the New Zealand Debt Management Office (NZDMO) confirms it has no plans to update its tender schedule. The NZDMO priced the syndicated offer of a new 2027 maturity benchmark bond line on July 2, reaching its previously announced maximum volume of NZ$2 billion (US$1.8 billion).