Bond Prices
Last updated: Friday, May 09, 2025 - 10:01 AM
| NZ Government Bonds | ||||||
|---|---|---|---|---|---|---|
| Code | Rating | Maturity | Coupon | Price | Spread Swap | Yield to Maturity |
| GB0526 | AAA | 15 May 2026 | 0.50 | 0.9738 | 0.0700 | 3.16 |
| GB0427 | AAA | 15 Apr 2027 | 4.50 | 1.0264 | 0.1600 | 3.25 |
| GB0528 | AAA | 15 May 2028 | 0.25 | 0.9090 | 0.2579 | 3.46 |
| GB0429 | AAA | 20 Apr 2029 | 3.00 | 0.9786 | 0.3168 | 3.64 |
| GB0530 | AAA | 15 May 2030 | 4.50 | 1.0299 | 0.3679 | 3.83 |
| GB0531 | AAA | 15 May 2031 | 1.50 | 0.8661 | 0.4380 | 4.03 |
| GB0532 | AAA | 15 May 2032 | 2.00 | 0.8672 | 0.4982 | 4.21 |
| GB0433 | AAA | 14 Apr 2033 | 3.50 | 0.9485 | 0.4975 | 4.31 |
| NZFMA | |
|---|---|
| Maturity | Quarterly Rate |
| 90 Day Bank Bill | 3.3900 |
| 1 Year Swap | 3.0750 |
| 2 Year Swap | 3.0800 |
| 3 Year Swap | 3.1900 |
| 4 Year Swap | 3.3175 |
| 5 Year Swap | 3.4500 |
| 7 Year Swap | 3.6975 |
| 10 Year Swap | 3.9675 |
| Local Authority Bonds | |||||||
|---|---|---|---|---|---|---|---|
| Issuer | Code | Rating | Maturity | Coupon | Price | Spread Swap | Yield to Maturity |
| Auckland Council | AKC120 | AA | 10 Jul 2025 | 2.01 | 1.0042 | 3.62 | |
| AKC100 | AA | 27 Jul 2026 | 3.34 | 1.0089 | 0.3100 | 3.40 | |
| AKC140 | AA | 20 Oct 2027 | 2.41 | 0.9705 | 0.6107 | 3.75 | |
| AKC150 | AA | 27 Sep 2028 | 5.73 | 1.0624 | 0.7198 | 3.97 | |
| AKC130 | AA | 28 Sep 2050 | 2.95 | 0.6469 | 5.60 | ||
| Christchurch City Holdings | CCH030 | AA- | 05 Nov 2026 | 3.01 | 0.9928 | 0.4600 | 3.55 |
| CCH040 | AA- | 06 Apr 2028 | 5.04 | 1.0342 | 0.7799 | 3.97 | |
| NZ Local Govt Funding Agency | LGF120 | AAA | 15 Apr 2026 | 1.50 | 0.9851 | 3.27 | |
| LGF060 | AAA | 15 Apr 2027 | 4.50 | 1.0232 | 0.3300 | 3.42 | |
| LGF150 | AAA | 15 May 2028 | 2.25 | 0.9592 | 0.4879 | 3.69 | |
| LGF110 | AAA | 20 Apr 2029 | 1.50 | 0.9138 | 0.5868 | 3.91 | |
| LGF170 | AAA | 15 May 2030 | 4.50 | 1.0156 | 0.6779 | 4.14 | |
| LGF140 | AAA | 15 May 2031 | 2.25 | 0.8893 | 0.7680 | 4.36 | |
| LGF180 | AAA | 14 May 2032 | 4.50 | 0.9971 | 0.8385 | 4.55 | |
| LGF080 | AAA | 14 Apr 2033 | 3.50 | 0.9225 | 0.9075 | 4.72 | |
| LGF160 | AAA | 15 May 2035 | 3.00 | 0.8479 | 0.9827 | 4.94 | |
| LGF130 | AAA | 15 Apr 2037 | 2.00 | 0.7234 | 5.0190 | 5.15 | |
| Corporate Bonds | |||||||
|---|---|---|---|---|---|---|---|
| Issuer | Code | Rating | Maturity | Coupon | Price | Spread Swap | Yield to Maturity |
| Air NZ | AIR030 | Baa1 | 27 Apr 2028 | 6.61 | 1.0582 | 1.3836 | 4.58 |
| ANZ Bank NZ | ANB180 | AA- | 16 Feb 2028 | 5.22 | 1.0476 | 0.6849 | 3.86 |
| ANB190 | AA- | 20 Feb 2030 | 4.63 | 1.0230 | 0.8978 | 4.33 | |
| Argosy Property | ARG010 | NR | 27 Mar 2026 | 4.00 | 1.0001 | 4.57 | |
| ARG020 | NR | 29 Oct 2026 | 2.90 | 0.9747 | 1.6800 | 4.77 | |
| ARG030 | NR | 27 Oct 2027 | 2.20 | 0.9326 | 2.0386 | 5.18 | |
| Arvida | ARV010 | NR | 22 Feb 2028 | 2.87 | 0.9235 | 2.9631 | 6.14 |
| ASB Bank | ABB090 | AA- | 04 May 2026 | 1.65 | 0.9839 | 3.37 | |
| ABB110 | AA- | 16 Nov 2026 | 5.93 | 1.0355 | 0.3600 | 3.45 | |
| ABB100 | AA- | 21 Jun 2027 | 5.52 | 1.0590 | 0.5571 | 3.66 | |
| Auckland Int. Airport | AIA240 | A- | 17 Nov 2026 | 3.29 | 0.9956 | 0.4700 | 3.56 |
| AIA250 | A- | 09 May 2028 | 5.67 | 1.0466 | 0.8200 | 4.02 | |
| AIA260 | A- | 17 Nov 2028 | 5.29 | 1.0357 | 0.9016 | 4.17 | |
| AIA270 | A- | 02 Nov 2029 | 6.22 | 1.0758 | 0.9870 | 4.38 | |
| AIA280 | A- | 15 Nov 2030 | 5.45 | 1.0581 | 0.7223 | 4.25 | |
| Bank of NZ | BNZ150 | AA- | 08 Jun 2026 | 1.88 | 0.9927 | 0.2600 | 3.35 |
| BNZ160 | AA- | 07 Jun 2027 | 4.99 | 1.0477 | 0.5513 | 3.65 | |
| BNZ170 | AA- | 25 May 2028 | 5.54 | 1.0709 | 0.7343 | 3.94 | |
| BNZ180 | AA- | 01 Sep 2028 | 5.87 | 1.0678 | 0.7890 | 4.03 | |
| BNZ190 | AA- | 19 Nov 2029 | 4.89 | 1.0199 | 0.9809 | 4.38 | |
| Channel Infrastructure | CHI020 | NR | 20 May 2027 | 5.80 | 1.0213 | 1.5267 | 4.62 |
| CHI030 | NR | 14 Nov 2029 | 6.75 | 1.0673 | 1.6627 | 5.06 | |
| Chorus | CNU030 | BBB | 02 Dec 2027 | 1.98 | 0.9533 | 0.9178 | 4.07 |
| CNU020 | BBB | 06 Dec 2028 | 6.38 | 1.0825 | 0.9548 | 4.23 | |
| CNU040 | BBB | 02 Dec 2030 | 2.51 | 0.8972 | 1.1863 | 4.72 | |
| Christchurch Int. Airport | CHC020 | A- | 19 May 2028 | 5.18 | 1.0312 | 0.8364 | 4.04 |
| CHC030 | A- | 15 Apr 2031 | 5.44 | 1.0577 | 0.8185 | 4.40 | |
| Contact Energy | CEN070 | BBB | 11 Apr 2028 | 5.82 | 1.0540 | 0.8384 | 4.03 |
| CEN080 | BBB | 06 Apr 2029 | 5.62 | 1.0570 | 0.8618 | 4.18 | |
| Fonterra Co-operative | FCG050 | A- | 14 Nov 2025 | 4.15 | 1.0030 | 3.51 | |
| FCG060 | A- | 08 Nov 2029 | 4.60 | 1.0138 | 0.8748 | 4.27 | |
| Genesis Energy | GNE060 | BBB+ | 14 Mar 2028 | 4.17 | 1.0099 | 0.8668 | 4.05 |
| GMT Bond Issuer | GMB060 | BBB+ | 14 Apr 2027 | 4.74 | 1.0097 | 1.3200 | 4.41 |
| Investore Property | IPL030 | NR | 25 Feb 2027 | 4.00 | 0.9938 | 1.7700 | 4.86 |
| IPL020 | NR | 31 Aug 2027 | 2.40 | 0.9446 | 2.0657 | 5.19 | |
| Kiwi Property | KPG040 | BBB+ | 12 Nov 2025 | 4.06 | 0.9996 | 4.15 | |
| KPG050 | BBB+ | 19 Jul 2028 | 2.85 | 0.9507 | 1.6147 | 4.84 | |
| KPG060 | BBB+ | 27 Sep 2029 | 6.24 | 1.0520 | 1.7198 | 5.10 | |
| KPG070 | BBB+ | 19 Jun 2030 | 5.35 | 1.0285 | 1.7054 | 5.18 | |
| Kiwibank | KI1027 | A1 | 19 Oct 2027 | 5.74 | 1.0470 | 0.7110 | 3.85 |
| KI1028 | A1 | 19 Oct 2028 | 6.25 | 1.0722 | 0.8419 | 4.10 | |
| KI1229 | A1 | 11 Dec 2029 | 4.75 | 1.0296 | 1.1031 | 4.51 | |
| Manawa Energy | MNW180 | NR | 29 Jul 2026 | 3.35 | 0.9982 | 0.5100 | 3.60 |
| MNW190 | NR | 08 Sep 2027 | 5.36 | 1.0356 | 1.0433 | 4.17 | |
| MNW170 | NR | 22 Feb 2029 | 6.56 | 1.0912 | 1.0471 | 4.35 | |
| Mercury NZ | MCY040 | BBB+ | 29 Sep 2026 | 2.16 | 0.9839 | 0.4700 | 3.56 |
| MCY030 | BBB+ | 14 Sep 2027 | 1.56 | 0.9514 | 0.7315 | 3.86 | |
| MCY060 | BBB+ | 19 Jun 2028 | 5.64 | 1.0664 | 0.8954 | 4.11 | |
| Meridian Energy | MEL050 | BBB+ | 27 Jun 2025 | 4.21 | 1.0163 | 3.74 | |
| MEL060 | BBB+ | 20 Sep 2028 | 5.91 | 1.0620 | 0.9323 | 4.18 | |
| MEL070 | BBB+ | 21 Mar 2030 | 5.40 | 1.0491 | 0.9975 | 4.44 | |
| Metlifecare | MET010 | NR | 30 Sep 2026 | 3.00 | 0.9699 | 2.4500 | 5.54 |
| Napier Port Holdings | NPH010 | NR | 23 Mar 2028 | 5.52 | 1.0315 | 1.4341 | 4.62 |
| Oceania Healthcare | OCA010 | NR | 19 Oct 2027 | 2.30 | 0.9079 | 3.3410 | 6.48 |
| OCA020 | NR | 13 Sep 2028 | 3.30 | 0.9243 | 2.7548 | 6.00 | |
| Precinct Properties NZ | PCT030 | NR | 28 May 2027 | 2.85 | 0.9744 | 1.7643 | 4.86 |
| PCT040 | NR | 09 May 2028 | 5.25 | 1.0042 | 1.9100 | 5.11 | |
| Property for Industry | PFI020 | NR | 01 Oct 2025 | 4.25 | 1.0048 | 4.24 | |
| PFI030 | NR | 13 Sep 2030 | 5.43 | 1.0219 | 1.6448 | 5.15 | |
| Ryman Healthcare | RYM010 | NR | 18 Dec 2026 | 2.55 | 0.9646 | 2.0300 | 5.12 |
| SKYCITY Entertainment | SKC050 | BBB- | 21 May 2027 | 3.02 | 0.9504 | 2.4964 | 5.59 |
| Southland Building Society | SBS010 | BBB+ | 18 Mar 2027 | 4.32 | 1.0086 | 1.1100 | 4.20 |
| SBS020 | BBB+ | 07 Mar 2029 | 6.14 | 1.0627 | 1.3524 | 4.66 | |
| SBS030 | BBB+ | 10 Apr 2030 | 4.98 | 1.0084 | 1.4403 | 4.89 | |
| Spark Finance | SPF570 | A- | 07 Sep 2026 | 3.94 | 1.0144 | 0.2800 | 3.37 |
| SPF590 | A- | 18 Sep 2029 | 5.21 | 1.0437 | 0.9230 | 4.30 | |
| SPF600 | A- | 18 Sep 2031 | 5.45 | 1.0512 | 1.0267 | 4.66 | |
| Summerset | SUM020 | NR | 24 Sep 2025 | 4.20 | 1.0058 | 4.14 | |
| SUM030 | NR | 21 Sep 2027 | 2.30 | 0.9526 | 1.4494 | 4.58 | |
| SUM040 | NR | 09 Mar 2029 | 6.59 | 1.0670 | 1.6817 | 4.99 | |
| SUM050 | NR | 08 Mar 2030 | 6.43 | 1.0620 | 1.8021 | 5.24 | |
| Transpower NZ | TRP070 | AA | 04 Sep 2025 | 1.74 | 0.9977 | 3.50 | |
| TRP080 | AA | 08 Apr 2026 | 1.52 | 0.9853 | 3.34 | ||
| TRP090 | AA | 08 Sep 2026 | 2.05 | 0.9864 | 0.3000 | 3.39 | |
| TRP100 | AA | 16 Sep 2027 | 4.63 | 1.0298 | 0.4809 | 3.61 | |
| TP0328 | AA | 15 Mar 2028 | 5.89 | 1.0642 | 0.6465 | 3.83 | |
| Vector | VCT090 | BBB+ | 27 May 2025 | 3.45 | 1.0156 | 3.90 | |
| VCT100 | BBB+ | 26 Nov 2027 | 3.69 | 1.0091 | 0.8696 | 4.02 | |
| Wellington Int. Airport | WIA050 | BBB | 16 Jun 2025 | 5.00 | 1.0211 | 3.96 | |
| WIA070 | NR | 14 Aug 2026 | 2.50 | 0.9903 | 0.6900 | 3.78 | |
| WIA090 | BBB | 24 Aug 2028 | 5.78 | 1.0558 | 1.1019 | 4.34 | |
| WIA100 | BBB | 04 Sep 2030 | 6.02 | 1.0641 | 1.3780 | 4.88 | |
| Westpac NZ | WP0226 | AA- | 24 Feb 2026 | 1.44 | 0.9883 | 3.35 | |
| WP0227 | AA- | 16 Feb 2027 | 3.70 | 1.0097 | 0.5400 | 3.63 | |
| WP0929 | AA- | 24 Sep 2029 | 4.34 | 1.0049 | 0.9808 | 4.36 | |
| Corporate Callable Bonds | |||||||
|---|---|---|---|---|---|---|---|
| Issuer | Code | Rating | Maturity | Call Date | Coupon | Price | Yield to Maturity |
| ANZ Bank NZ | ANB170 | A | 17 Sep 2031 | 17 Sep 2026 | 3.00 | 0.9805 | 4.85 |
| Heartland Bank | HBL1T2 | BB+ | 28 Apr 2033 | 28 Apr 2028 | 7.51 | 1.0285 | 6.55 |
| Kiwibank | KWB010 | Baa2 | 11 Dec 2030 | 11 Dec 2025 | 2.36 | 0.9883 | 5.12 |
| KWB1T2 | Baa2 | 12 May 2033 | 12 May 2028 | 6.40 | 1.0388 | 5.00 | |
| Southland Building Society | SBS1T2 | BB+ | 22 Aug 2034 | 22 Aug 2029 | 7.62 | 1.0815 | 5.90 |
| Westpac NZ | WNZ1T2 | A | 16 Sep 2032 | 16 Sep 2027 | 6.19 | 1.0367 | 4.96 |
| WNZ2T2 | A | 14 Feb 2034 | 14 Feb 2029 | 6.73 | 1.0568 | 5.05 | |
| Capital Notes / Bonds | |||||||
|---|---|---|---|---|---|---|---|
| Issuer | Code | Rating | Maturity | Coupon | Price | Spread Swap | Yield to Maturity |
| Fletcher Building Industries | FBI200 | NR | 15 Mar 2026 | 2.80 | 0.9636 | 7.90 | |
| FBI210 | NR | 15 Mar 2027 | 4.75 | 0.9560 | 4.7100 | 7.80 | |
| FBI220 | NR | 15 Mar 2028 | 6.50 | 1.0050 | 3.5165 | 6.70 | |
| FBI230 | NR | 15 Mar 2029 | 6.89 | 1.0104 | 3.5896 | 6.90 | |
| Infratil | IFT250 | NR | 15 Jun 2025 | 6.15 | 1.0102 | 5.53 | |
| IFT300 | NR | 15 Mar 2026 | 3.35 | 0.9876 | 5.51 | ||
| IFT280 | NR | 15 Dec 2026 | 3.35 | 0.9723 | 2.4400 | 5.53 | |
| IFT310 | NR | 15 Dec 2027 | 3.60 | 0.9577 | 2.4439 | 5.60 | |
| IFT330 | NR | 31 Jul 2029 | 6.90 | 1.0454 | 2.3804 | 5.74 | |
| IFT270 | NR | 15 Dec 2028 | 6.78 | 1.0521 | 2.2216 | 5.50 | |
| IFT360 | NR | 13 Dec 2030 | 6.00 | 1.0216 | 2.2124 | 5.75 | |
| IFT340 | NR | 15 Mar 2031 | 7.08 | 1.0615 | 2.4796 | 6.05 | |
| IFT350 | NR | 17 Dec 2031 | 7.06 | 1.0737 | 2.2372 | 5.90 | |
| Corporate Bonds - Fixed rate reset | |||||||
|---|---|---|---|---|---|---|---|
| Issuer | Code | Rating | Maturity | Coupon Reset | Coupon | Price | Yield to Maturity |
| Wellington Int. Airport | WIA060 | NR | 01 Apr 2030 | 5.63 | 1.0445 | 4.75 | |
| WIA080 | NR | 24 Sep 2031 | 24 Sep 2026 | 3.32 | 0.9883 | 4.55 | |
| Capital Notes / Bonds - Fixed rate reset | |||||||
|---|---|---|---|---|---|---|---|
| Issuer | Code | Rating | Maturity | Coupon Reset | Coupon | Price | Yield to Maturity |
| Infratil | IFT320 | NR | 15 Jun 2030 | 15 Jun 2026 | 5.93 | 1.0096 | 5.90 |