| Yield/price indicators | |
|---|---|
| Indicative market yield (% pa) | 5.70 |
| Indicative market price (%) | 0.97 |
| Issue details | |
|---|---|
| Issuer | Kiwibank |
| Amount on issue (NZ$m) | 275.0 |
| Issuer type | Financial institution |
| Description | Unsecured Subordinated Debt Securities |
| Security ranking | Subordinated |
| Assumed maturity date | 11 Dec 2025 |
| Legal maturity date | 11 Dec 2025 |
| Credit rating | Baa3 |
| Current coupon | 2.36 |
| Coupon type | Fixed Quarterly |
| Next coupon reset date | N/A |
| Coupon reset at | N/A |
| Election/Conversion date | N/A |
| First & future call dates | N/A |
| Margin reset date | N/A |
| Margin reset | N/A |
| NZX Code | KWB010 |
| Holdings - minimum/increments ($) | 5,000/1,000 |
| 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.