NZ Debt Management to sell bonds like never before

Wed, 01 Apr 2020

New Zealand Debt Management aims to issue $17 billion of government bonds before the end of June after nearly doubling issuance to $25 billion for the current fiscal year. Not only that, but "due to the rapidly evolving covid-19 situation, further updates may be required as new information becomes available,” it said.The forecast New Zealand government bond programme for the year to June 30 is $12 billion higher that the March 17 projection. At that time, the Treasury unit bumped up the programme by $3 billion after Finance Minister Grant...

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