sign up log in
Want to go ad-free? Find out how, here.

NZ Local Govt Funding Agency - 2.75%

Yield/price indicators
Indicative market yield (% pa) 5.45
Indicative market price (%) 0.99


Issue details
Issuer NZ Local Govt Funding Agency
Amount on issue (NZ$m) 2819.0
Issuer type Local Authority
Description Unsecured, unsubordinated fixed rate debt securities
Security ranking Senior
Assumed maturity date 15 Apr 2025
Legal maturity date 15 Apr 2025
Credit rating AA+
Current coupon 2.75
Coupon type Fixed Semi-annual
Next coupon reset date N/A
Coupon reset at 9 yr Swap rate
Election/Conversion date N/A
First & future call dates N/A
Margin reset date N/A
Margin reset N/A
NZX Code LGF070
Holdings - minimum/increments ($) 10,000/1,000
Issue documentation N/A

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.