NZ govt bonds to join FTSE world govt bond index

Staff reporters
Mon, 04 Apr 2022

New Zealand government bonds will join the FTSE world government bond index (WGBI) in November following a review by FTSE Russell, the index provider."The NZ local currency fixed-rate government bond market met all three eligibility criteria – market size, credit rating and a minimum accessibility level of '2' – for inclusion," FTSE Russell said."Index inclusion of NZ will take place in November 2022 and is projected to comprise 0.19% of the WGBI," it said.Kim Martin, head of NZ Debt Management, which run...

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