Craig Simpson

Tender 589 of NZ$150 mln 2033's received bids for NZ$496 mln; demand for long-dated bonds remains strong but coverage ratio slips; average weighted yield 3.55% (previously 2.98%)

Tender 589 of NZ$150 mln 2033's received bids for NZ$496 mln; demand for long-dated bonds remains strong but coverage ratio slips; average weighted yield 3.55% (previously 2.98%)

Fonterra raises forecast of milk price for current season to $6.00 from $5.25; total payout to farmers now seen in $6.50 to $6.60 range before retentions

Fonterra raises forecast of milk price for current season to $6.00 from $5.25; total payout to farmers now seen in $6.50 to $6.60 range before retentions

NZ Govt Bond Tender #588; average weighted accepted yield 2.88% (previously 2.52%) reflects rise in yields globally; solid coverage ratio but small number of successful bids

NZ Govt Bond Tender #588; average weighted accepted yield 2.88% (previously 2.52%) reflects rise in yields globally; solid coverage ratio but small number of successful bids

Craig Simpson sees the US election result as being broadly positive for more aggressive KiwiSaver investor balances

Craig Simpson sees the US election result as being broadly positive for more aggressive KiwiSaver investor balances

September 2035 Government inflation-linked tender #587; weighted average yield 2.25% (1.9% previously) as global interest rates jump; highest coverage ratio for 6-months

September 2035 Government inflation-linked tender #587; weighted average yield 2.25% (1.9% previously) as global interest rates jump; highest coverage ratio for 6-months

Latest Tender Results - LGFA Bond Tender Number 42; wide spread on bidding yields; weighted coverage ratio rises to 2.9 times; average weighted yield jumps 10% to 3.3%

Latest Tender Results - LGFA Bond Tender Number 42; wide spread on bidding yields; weighted coverage ratio rises to 2.9 times; average weighted yield jumps 10% to 3.3%

Tender 586 of NZ$150 mln 2033's received bids for NZ$557 mln; demand for long-dated bonds remains strong; average weighted yield 2.98% (previously 2.75%)

Tender 586 of NZ$150 mln 2033's received bids for NZ$557 mln; demand for long-dated bonds remains strong; average weighted yield 2.98% (previously 2.75%)

Fund returns remain strong; investors in Default funds getting better returns than other riskier funds; wide dispersion of long-run returns

Fund returns remain strong; investors in Default funds getting better returns than other riskier funds; wide dispersion of long-run returns

Our comprehensive review of regular savings returns to September 30, 2016 for Aggressive KiwiSaver funds

Our comprehensive review of regular savings returns to September 30, 2016 for Aggressive KiwiSaver funds

Our comprehensive review of KiwiSaver Growth funds to September 30, 2016 identifies the top performers

Our comprehensive review of KiwiSaver Growth funds to September 30, 2016 identifies the top performers

NZ Govt Bond Tender #585; spike in yield and coverage ratio; $922 mln worth of bids received; average weighted accepted yield 2.52% (previously 2.38%)

NZ Govt Bond Tender #585; spike in yield and coverage ratio; $922 mln worth of bids received; average weighted accepted yield 2.52% (previously 2.38%)

Our comprehensive review of Balanced KiwiSaver fund returns to September 30, 2016, identifying who has the best long-term returns

Our comprehensive review of Balanced KiwiSaver fund returns to September 30, 2016, identifying who has the best long-term returns

Our comprehensive review of Moderate fund regular savings returns as at September 30, 2016, identifying who has the best long-term returns

Our comprehensive review of Moderate fund regular savings returns as at September 30, 2016, identifying who has the best long-term returns

Our comprehensive review of Conservative KiwiSaver fund performance to September 30, 2016, identifying who has the best long-term returns

Our comprehensive review of Conservative KiwiSaver fund performance to September 30, 2016, identifying who has the best long-term returns

Our comprehensive review of Default KiwiSaver fund performance to September 2016, identifying who has the best long-term returns

Our comprehensive review of Default KiwiSaver fund performance to September 2016, identifying who has the best long-term returns

September 2035 Government inflation-linked tender #584; yield climbs to 1.9% (1.67% previously); Westpac sees inflation as having bottomed and calculated breakeven point for this maturity attractive

September 2035 Government inflation-linked tender #584; yield climbs to 1.9% (1.67% previously); Westpac sees inflation as having bottomed and calculated breakeven point for this maturity attractive

Latest Tender Results - LGFA Bond Tender Number 41; Investor demand in longer dated bonds; weighted coverage ratio 2.5 times; average weighted yield steady at 3%

Latest Tender Results - LGFA Bond Tender Number 41; Investor demand in longer dated bonds; weighted coverage ratio 2.5 times; average weighted yield steady at 3%

Craig Simpson discovers middle New Zealand can't buy a house using their KiwiSaver account and expect to have a comfortable retirement. And a much higher contribution rate may also be needed

Craig Simpson discovers middle New Zealand can't buy a house using their KiwiSaver account and expect to have a comfortable retirement. And a much higher contribution rate may also be needed

A review of things you need to know before you go home on Monday: Workers more confident; blowout trade deficit; 12% of new lending to first home buyers; bank removes sales incentives & soggy start to week for Asian shares

A review of things you need to know before you go home on Monday: Workers more confident; blowout trade deficit; 12% of new lending to first home buyers; bank removes sales incentives & soggy start to week for Asian shares

Tender 583 of NZ$150 mln 2033's received bids for NZ$811 mln; punters just can't get enough of this maturity; coverage ratio 5.4x; average weighted yield jumps to 2.75% (previously 2.56%)

Tender 583 of NZ$150 mln 2033's received bids for NZ$811 mln; punters just can't get enough of this maturity; coverage ratio 5.4x; average weighted yield jumps to 2.75% (previously 2.56%)

NZ Govt Bond Tender #582; 2025 maturity proving popular with investors; recent market jitters sees coverage ratio drop and yield climb; $480 mln worth of bids received; average weighted accepted yield 2.38% (previously 2.04%)

NZ Govt Bond Tender #582; 2025 maturity proving popular with investors; recent market jitters sees coverage ratio drop and yield climb; $480 mln worth of bids received; average weighted accepted yield 2.38% (previously 2.04%)

Tender 8014 to repurchase up to $250 mln worth of 2017 government bonds attracts plenty of willing sellers; offers totalled $935mln and average yield falls to 1.89% (previously 1.96%)

Tender 8014 to repurchase up to $250 mln worth of 2017 government bonds attracts plenty of willing sellers; offers totalled $935mln and average yield falls to 1.89% (previously 1.96%)

Craig Simpson finds the lack of KiwiSaver options for socially responsible investors means comparisons are difficult and focus on short term returns

Craig Simpson finds the lack of KiwiSaver options for socially responsible investors means comparisons are difficult and focus on short term returns

September 2035 Government inflation-linked tender #581; yield climbs to 1.67% (1.57% previously); coverage ratio highest in 5-months

September 2035 Government inflation-linked tender #581; yield climbs to 1.67% (1.57% previously); coverage ratio highest in 5-months

Latest Tender Results - LGFA Bond Tender Number 40; demand greater in short and longer maturities; very low rate of bids accepted; average weighted yield a smidge under 3%

Latest Tender Results - LGFA Bond Tender Number 40; demand greater in short and longer maturities; very low rate of bids accepted; average weighted yield a smidge under 3%