New Zealand has reduced its five-year bond issuance plan until June 2031 to NZ$134 billion, according to documents released on Tuesday. A five-year loan plan was previously envisaged, amounting to NZ$159 billion. The current estimated bond issuance volume for the 2026-2027 fiscal year is NZ$30 billion, a decrease of NZ$4 billion from the May forecast. The current estimated bond issuance volume for the 2027-2028 fiscal year is NZ$28 billion, a decrease of NZ$4 billion from the original plan. The current estimated bond issuance amount for the 2028-2029 fiscal year is NZ$26 billion, a decrease of NZ$4 billion from the original plan. The current estimated bond issuance volume for the 2029-30 fiscal year is NZ$25 billion, a decrease of NZ$3 billion from the original plan. An additional NZ$25 billion in bond issues will be issued in 2030-31. The outstanding balance of New Zealand treasury bonds is expected to reach NZ$244.6 billion by June 2030, compared to NZ$259.3 billion previously. The New Zealand Debt Management Company is expected to use syndicated loans from existing green bonds due in 2034 to finance within six months up to June 2027.

Zhitongcaijing · 2d ago
New Zealand has reduced its five-year bond issuance plan until June 2031 to NZ$134 billion, according to documents released on Tuesday. A five-year loan plan was previously envisaged, amounting to NZ$159 billion. The current estimated bond issuance volume for the 2026-2027 fiscal year is NZ$30 billion, a decrease of NZ$4 billion from the May forecast. The current estimated bond issuance volume for the 2027-2028 fiscal year is NZ$28 billion, a decrease of NZ$4 billion from the original plan. The current estimated bond issuance amount for the 2028-2029 fiscal year is NZ$26 billion, a decrease of NZ$4 billion from the original plan. The current estimated bond issuance volume for the 2029-30 fiscal year is NZ$25 billion, a decrease of NZ$3 billion from the original plan. An additional NZ$25 billion in bond issues will be issued in 2030-31. The outstanding balance of New Zealand treasury bonds is expected to reach NZ$244.6 billion by June 2030, compared to NZ$259.3 billion previously. The New Zealand Debt Management Company expects to finance the six months up to June 2027 using syndicated loans from existing green bonds due in 2034.