Issue 181

Indicative market yield (% pa) 1.95
Indicative market price (%) N/A

Issuer Auckland Council
Amount on issue (NZ$m) 125.0
Issuer type Corporate
Description fixed rate secured bond
Security ranking Subordinated
Assumed maturity date 18 Dec 2018
Legal maturity date 18 Dec 2018
Credit rating AA
Current coupon 4.41
Coupon type Fixed Semi annual
Next coupon reset date N/A
Coupon reset at 6 yr swaps 1.05
Election/Conversion date N/A
First & future call dates N/A
Margin reset date N/A
Margin reset N/A
NZX Code AKC060
Holdings - minimum/increments ($) 5,000/1,000
Issue documentation Click here

The information contained on this page details certain terms of the bonds extracted from sources that interest.co.nz believes to be accurate and reliable. interest.co.nz accepts no liability for any omissions or errors contained in this information. Any prices and/or yields displayed are indicative only and are subject to change. The information contained on this page must not be construed as a recommendation or advice by interest.co.nz to buy, sell, hold or otherwise deal in the bonds.