New Issues


Auckland City Councul


Auckland City Council

Issue type Senior bonds
Rank Ranks equally with other similar securities
Maturity expected to have a 10yr maturity
Early redemption t.b.a
Coupon (%) t.b.a
Amount t.b.a
Opening date week of 27 June 2016
Closing date t.b.a
Minimum parcel size t.b.a
Listed t.b.a
Credit rating t.b.a
Organising Participant and Manager(s)

ANZ, BNZ, Westpac

Information NZX Announcement

Auckland City Council new bond issue


  • Swap or NGZS plus a margin means the actual rate will be set at that margin over the relevant maturity swap rate or Government bond rate, usually a couple of days before the issue date. Click here for swap rates and here for Government bond rates.
  • The amount on offer is usually allocated to brokers who then accept subscriptions up to their allocations. The lead manager(s) control the allocation of bonds. There can be a public pool which is not allocated and subscriptions under the public pool are made directly to the issuer or lead manager(s).
  • Listing on NZDX unless stated otherwise.