|Jun 2019||Jun 2020||Feb 2021||Mar 2021||Apr 2021||May 2021||Jun 2021|
|Kauri bonds ($m)|
|MEMO ITEM: Non-residents|
|Total held by non-residents ($m)||9,789||7,897||7,392||7,226||7,009||7,191||7,172|
|Proportion held by non-residents (%)||39.3||35.1||29.8||29.7||29.5||29.3||28.5|
Nominal amount of Kauri bonds (non-resident issued debt securities) on issue in New Zealand at the end of the month. Data is sourced from New Zealand registries (Computershare, Link Market Services, and NZClear), a survey of nominee companies and registered banks.
Data is published monthly approximately three weeks after the end of the reference month.
Data is released on this page.
The Statistics Release Calendar provides a long-term plan of scheduled releases. It is updated and released on the first working day of the month.
View the Statistics Release Calendar
From August 2016 data has been sourced from a securities database developed by the Reserve Bank. Data has been backdated to July 2015 but may not be comparable with previously published data due to the inclusion of non-repo eligible Kauri bonds.
Kauri bonds are New Zealand dollar (NZD) denominated debt security issued in New Zealand by a non-resident (or foreign) issuer.
Repo-eligible Kauri bonds are accepted by the Reserve Bank for repurchase transactions.
Financial corporations consist of all units that provide mainly financial services, including financial intermediation, financial risk management, liquidity transformation, and various supporting activities.
Non-financial corporations consist of resident business enterprises that produce goods and non-financial services to sell at competitive market prices that are sufficient to generate a profit or surplus in the long term.
Central government is responsible for functions such as taxation, law and order, defence, and those responsible for advancing the economic and social well-being of the country in other ways. It also includes funded social insurance schemes that are financed independently of government general revenue, through levies on households, employers, or the self-employed.
This sector includes securities held by the Accident Compensation Corporation (ACC), Earthquake Commission (EQC), New Zealand Superannuation Fund (NZSF), and Southern Response Earthquake Services Limited (SRESL).
Local government consists of territorial authorities and regional councils, as well as the other non-market units and non-profit institutions they control.
Non-profit institutions (serving households) consist of resident non-market institutional units that deliver goods or services to fulfil a social need or community interest.
Households are New Zealand resident individuals, families, whänau, hapü, and marae in their role as final consumers and as owners of production factors.
The rest of the world consists of all non-resident institutional units that enter into transactions with resident units, or have other economic links with resident units.
Unallocated is used where the sector of ownership cannot be identified.
The nominal value of securities represents the amount to be repaid at maturity.
Repurchase agreements (repos) are an arrangement involving the provision of securities in exchange for cash with a commitment to repurchase the same or similar securities at a fixed price, either on a specified future date.
16 July 2021
Last month three Kauri bonds with a combined face value of $1.075 billion were issued and misclassified as domestic corporate debt. The following series were impacted and have been corrected in this month’s publication:
Central Government (ROSN.MAB2.WZZP)
Proportion held by non-residents (ROSN.MAH1.W)
Total repo eligible Kauri bonds (ROSI.MAA1.W1)
Apologies for any inconvenience this may have caused.
|0||Zero or value rounded to zero|
|light red background||Historical|