News in Brief
Refining NZ extends reduced production
Refining NZ has agreed with its customers the Marsden Point oil refinery will operate in a reduced production mode until the end of August, in response to the significant fuel demand reduction from covid-19 travel and transport restrictions. This is a two-month extension to the o...
News in Brief
NZ govt to sell $2b of bonds
New Zealand’s debt management office is looking to issue $2 billion of the May 2031 nominal bond tomorrow. The syndicated tap comes after it jacked up the forecast bond programme to $25 billion, which means it needs to issue $17 billion between now and the end of June. Initial pr...
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