LGFA contemplating new April 2033 bond

Thu, 16 Mar 2017

By Rebecca Howard March 17 (BusinessDesk) - The New Zealand Local Government Funding Agency, which sells bonds on behalf of local authorities, is looking at issuing a new long-dated bond in early April, it said in a statement to the stock exchange. The LGFA is contemplating a new April 14, 2033 bond at the next tender scheduled for April 5, it said. More information will be provided April 3 via the standard announcement of tender details made two days prior to an event and if it decides to offer the 2033 bond, it will update that the foll...

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