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An overview of the money and bond markets in New Zealand Part 2 : the non-Crown debt market

Warren Potter

This is the second of two articles that provide an overview of the money and bond market in New Zealand. The first article was published in the September 1995 Bulletin and focused on the Crown debt market. This second article describes the non-Crown debt market, covering in some detail debt issued by financial intermediaries, large corporations, State owned Enterprises (SOEs) and local authorities.