The Reserve Bank of New Zealand (RBNZ) will close its offer to repurchase New Zealand government bonds maturing 15 May 2024 on 01 May 2024 at 4:00pm.
The offer opened on 13 November 2023 and will close at 4:00pm 01 May 2024. RBNZ repurchased 1.279 billion (nominal) of the May 2024 bond. No bonds have been on-sold to New Zealand Debt Management, and RBNZ will hold these on its balance sheet until maturity.
RBNZ said the offer was normal ahead of a government bond maturity to support system liquidity management, and the efficient functioning of the New Zealand bond market.
For further information contact
Dean Hill
Senior Manager Financial Markets
DDI: +64 9 300 7704
Email: [email protected]