LGFA
Infrastructure Commission chairman Alan Bollard says councils need to borrow more to invest in infrastructure, saying limited revenue sources isn't an excuse
7th Mar 21, 6:02am
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Infrastructure Commission chairman Alan Bollard says councils need to borrow more to invest in infrastructure, saying limited revenue sources isn't an excuse
LGFA Bond Tender Number 65; weighted average accepted yield was 1.99%; coverage ratio was 2.64x
17th Jul 19, 2:22pm
LGFA Bond Tender Number 65; weighted average accepted yield was 1.99%; coverage ratio was 2.64x
Auckland Council confident of keeping debt under $9 billion at year's end as staff numbers grow
18th Jun 19, 3:22pm
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Auckland Council confident of keeping debt under $9 billion at year's end as staff numbers grow
LGFA Bond Tender Number 64; weighted average accepted yield was 2.15%; coverage ratio was 1.94x
12th Jun 19, 2:27pm
LGFA Bond Tender Number 64; weighted average accepted yield was 2.15%; coverage ratio was 1.94x
LGFA Bond Tender Number 63; weighted average accepted yield was 2.46%; coverage ratio was 2.54x
7th May 19, 2:09pm
LGFA Bond Tender Number 63; weighted average accepted yield was 2.46%; coverage ratio was 2.54x
LGFA Bond Tender Number 61; weighted average accepted yield was 2.73%; coverage ratio was 2.22x
12th Dec 18, 2:32pm
LGFA Bond Tender Number 61; weighted average accepted yield was 2.73%; coverage ratio was 2.22x
LGFA Bond Tender Number 60; weighted average accepted yield was 3.20%; coverage ratio was 2.30x
7th Nov 18, 3:18pm
LGFA Bond Tender Number 60; weighted average accepted yield was 3.20%; coverage ratio was 2.30x
LGFA Bond Tender Number 59; weighted average accepted yield was 3.04%; coverage ratio was 1.80x
3rd Oct 18, 2:21pm
LGFA Bond Tender Number 59; weighted average accepted yield was 3.04%; coverage ratio was 1.80x
LGFA Bond Tender Number 58; weighted average accepted yield was 3.23%; coverage ratio was 2.30x; 2027 issue did not attract enough bids to be fully allocated
22nd Aug 18, 2:24pm
LGFA Bond Tender Number 58; weighted average accepted yield was 3.23%; coverage ratio was 2.30x; 2027 issue did not attract enough bids to be fully allocated
LGFA Bond Tender Number 57; weighted average accepted yield was 3.55%; coverage ratio was 2.93x
18th Jul 18, 2:25pm
LGFA Bond Tender Number 57; weighted average accepted yield was 3.55%; coverage ratio was 2.93x
LGFA Bond Tender Number 56; weighted average accepted yield of 3.35%; coverage ratio of 2.5x
13th Jun 18, 2:22pm
LGFA Bond Tender Number 56; weighted average accepted yield of 3.35%; coverage ratio of 2.5x
LGFA Bond Tender Number 55; weighted average accepted yield was 3.39%; coverage ratio was 3.41x
9th May 18, 2:20pm
LGFA Bond Tender Number 55; weighted average accepted yield was 3.39%; coverage ratio was 3.41x
LGFA Bond Tender Number 54; weighted average yield accepted was 2.92% and coverage ratio was 2.73x
4th Apr 18, 2:23pm
LGFA Bond Tender Number 54; weighted average yield accepted was 2.92% and coverage ratio was 2.73x
LGFA Bond Tender Number 53; weighted average yield accepted was 3.13% and coverage ratio stable at 3.89x
14th Feb 18, 2:29pm
LGFA Bond Tender Number 53; weighted average yield accepted was 3.13% and coverage ratio stable at 3.89x
LGFA Bond Tender Number 52; weighted average yield accepted was 3.34% and coverage ratio was up to 3.94x
13th Dec 17, 2:21pm
LGFA Bond Tender Number 52; weighted average yield accepted was 3.34% and coverage ratio was up to 3.94x
LGFA Bond Tender Number 51; weighted average yield accepted up to 2.93% and coverage ratio down to 1.55x; insufficient bids for the April 2025 bond offer
8th Nov 17, 2:25pm
LGFA Bond Tender Number 51; weighted average yield accepted up to 2.93% and coverage ratio down to 1.55x; insufficient bids for the April 2025 bond offer
LGFA Bond Tender Number 50; coverage ratio falls from 3.0x to 2.7x; weighted average yield for the issue was 2.79%
4th Oct 17, 2:22pm
LGFA Bond Tender Number 50; coverage ratio falls from 3.0x to 2.7x; weighted average yield for the issue was 2.79%
LGFA Bond Tender Number 49; coverage ratio rises from 1.74x to 2.97x; weighted average yield for the issue was 2.91%
23rd Aug 17, 2:29pm
LGFA Bond Tender Number 49; coverage ratio rises from 1.74x to 2.97x; weighted average yield for the issue was 2.91%
LGFA Bond Tender Number 48; demand weakens further with a weighted average coverage ratio of 1.74x compared to 1.98x at the last auction; weighted average yield for issue was 3.50%
19th Jul 17, 2:27pm
LGFA Bond Tender Number 48; demand weakens further with a weighted average coverage ratio of 1.74x compared to 1.98x at the last auction; weighted average yield for issue was 3.50%
LGFA Bond Tender Number 47; demand weakens with weighted average coverage ratio of 1.98x and weighted average yield of 3.56%
14th Jun 17, 2:54pm
LGFA Bond Tender Number 47; demand weakens with weighted average coverage ratio of 1.98x and weighted average yield of 3.56%
LGFA Bond Tender Number 46; demand remains strong with weighted average coverage ratio of 3.89x and weighted average yield of 3.80%
10th May 17, 2:31pm
LGFA Bond Tender Number 46; demand remains strong with weighted average coverage ratio of 3.89x and weighted average yield of 3.80%
LGFA Bond Tender Number 45; strong demand for Local Government bonds and at a lower price, with a weighted average coverage ratio of 3.77 and 27.5 bps decrease in comparable yields; a decrease 10-15 bps greater than the fall in Government bonds
5th Apr 17, 2:46pm
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LGFA Bond Tender Number 45; strong demand for Local Government bonds and at a lower price, with a weighted average coverage ratio of 3.77 and 27.5 bps decrease in comparable yields; a decrease 10-15 bps greater than the fall in Government bonds
Councils facing debt covenant headwinds faced with finding new revenue streams or increasing rates. But will today's ratepayers be happy funding the next generation's infrastructure costs?
15th Mar 17, 8:01am
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Councils facing debt covenant headwinds faced with finding new revenue streams or increasing rates. But will today's ratepayers be happy funding the next generation's infrastructure costs?
Govt open to using $1bn Housing Infrastructure Fund differently to get around council debt concerns, not keen on sharing GST
14th Mar 17, 5:09pm
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Govt open to using $1bn Housing Infrastructure Fund differently to get around council debt concerns, not keen on sharing GST
Local Government NZ highlights housing and tourism infrastructure spending pressures, wants a slice of the GST revenue brought in from tourists
14th Mar 17, 12:34pm
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Local Government NZ highlights housing and tourism infrastructure spending pressures, wants a slice of the GST revenue brought in from tourists