Treasury lifts government bond programme by $12b

(Image: File)

Thu, 30 May 2024

The New Zealand government bond programme is set to be $12 billion larger than December's projections over the next four years.In the year to June 30, government bond (NZGB) issuance is expected to remain unchanged at $38b, Treasury entity NZ Debt Management said. However, in the year to June 2025 and 2026, both programmes were forecasted to be $2b higher, reaching $38b and $36b respectively.Issuance for the 2027 and 2028 years was expected to rise $4b, more than forecasted, to $32b and $20b.The forecasted gross NZGB issuance to June...

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