NZDMO prices NZ$2.5 billion inflation-linked issue [UPDATE]
- Tuesday, 23 October 2012
The New Zealand Debt Management Office (NZDMO) (AA+/Aaa/AA+) has priced NZ$2.5 billion (US$2.03 billion) new 2 per cent inflation-linked bonds maturing in September 20 2025 on October 24. The notes were issued at a spread of 163 basis points under the NZGB 5.5 per cent 2023 benchmark bonds to yield 1.96 per cent.
