Treasury lifts NZ government bond program

(Image: Getty)

Thu, 18 May 2023

The New Zealand government bond program is now set to be $20 billion bigger over the next four years than projected in December.In the year to June 2023 the forecast remains unchanged at $28b, the debt management office said. However, in the June 2024 year, the program is $4b higher, and $2b higher than previously forecast in the June 2025 year.The following year, the program is $10b more and $4b higher the following year. The gross NZ government bond issuance now stands at $148b. The debt management office said that’s sub...

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