Bonds
Govt names successful candidates to handle its $1 - $2bln inflation indexed bond tenders
2nd Oct 13, 2:20pm
by
by Craig Simpson
The New Zealand Debt Management Office (NZDMO) has appointed three banks to form its syndication panel to handle the launch of a September 2030 inflation-indexed bond.
Westpac are the only one of the big 4 NZ banks to be appointed to the panel.
The joint lead managers are Deutsche Bank AG, New Zealand Branch; The Hongkong and Shanghai Banking Corporation Limited and Westpac Banking Corporation (acting through its New Zealand Branch).
The NZDMO plans to issue $1-2 billion of these bonds via syndication before the end of November 2013, subject to market conditions.
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