Minimum supply commitment included in NZDMO funding update
- Thursday, 25 May 2017
For the first time in the current cycle, the New Zealand Debt Management Office (NZDMO) includes a government commitment to maintaining a minimum supply of New Zealand Government bonds (NZGBs) on issue in its latest funding update. The update, which was released on 25 May following the New Zealand budget, says the government intends to maintain minimum NZGB supply of “not less than 20 percent of GDP over time”.
HIGH-GRADE ISSUERS YEARBOOK 2021
The ultimate guide to Australian and New Zealand government-sector borrowers.