The Reserve Bank of New Zealand – Te Pūtea Matua (‘RBNZ’) will start the repurchase programme of the 20 September 2025 New Zealand Government Inflation-Indexed Bond on 21 March 2025 at 10:00 am.
This repurchase programme relates to our standard domestic market operations and has no implications for the Reserve Bank’s stance on monetary policy. The operation is being undertaken to manage liquidity and assist in the efficient functioning of the New Zealand debt market.
Inflation-indexed NZ government bond maturing 20 September 2025 - Offer details:
This repurchase programme will remain open until further notice. Registered participants should telephone their offers, volume, and rate, to the Portfolio Management team on (04) 472 0074 / (04) 472 0075, between the hours of 10:00am to 12:00pm and 2:00pm to 4:00pm daily.
Preferred settlement dates will be determined by projected liquidity flows. Transactions will be priced by the inflation indexed bond formula, set out in item 7 of the appendix within the Domestic Markets Section Operating Rules and Guidelines.
For further information contact:
Kate Le Quesne
Director of Financial Markets
[email protected]
Dean Hill
Senior Manager, Financial Markets
[email protected]
Media contact:
James Weir
Senior Adviser, External Stakeholders
[email protected]