There are some aspects of this fund which may require extra consideration before deciding to invest.
Schedule 1 exemption
This investment offer has a Schedule 1 exemption, which means there is not as much required to be disclosed about it as others. There will be fewer documents to see. Here's more about Schedule 1.
Exclusion for debt securities issued by the Crown (clause 22(1)(a) of Schedule 1 of the FMCA)
Issuer's description of this product:
The Bonds are fixed-term debt securities issued by the New Zealand Government
Minimum investment
$1,000,000
This is the minimum amount you would need to put into this in order to invest.
Closing date
Ongoing
This offer does not have a closing date and is a continuous issue. It's likely you'll be able to invest for the foreseeable future.
Maturity
Non-fixed
This investment does not have a fixed date of maturity, which can mean flexible or multiple terms are available.
The details
Key facts
Provider website
Issuer's industry
Other
Credit ratings
Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.
Investment credit rating
Not providedIssuer credit rating
AAA
(Standard & Poor's)
This is the credit rating for the organisation issuing the bond or debt security.
Maturity
Non-fixed
Maturity conditions description
The Bonds will be available in a range of different maturity dates, with the particular maturity date set out in the relevant issue terms.
Rate
Fixed
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
nz govt nominal bonds product disclosure statement 5 nov 25.pdf
How this investment works, including about the provider, risks, costs and potential returns
PDF, 422.00 KB
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Information Memorandum New Zealand Government Bonds 5 Nov 25.pdf
Information Memorandum - New Zealand Govt Bonds
PDF, 347.66 KB
15 May 2051 Nominal Bond Term Sheet.pdf
15 May 2051 Nominal Bond Term Sheet
PDF, 188.88 KB
15 May 2032 Nominal Bond Term Sheet.pdf
15 May 2032 Nominal Bond Term Sheet
PDF, 159.94 KB
15 April 2037 Nominal Bond Term Sheet.pdf
15 April 2037 Nominal Bond Term Sheet
PDF, 593.21 KB
15 May 2028 Nominal Bond Term Sheet.pdf
15 May 2028 Nominal Bond Term Sheet
PDF, 100.49 KB
14 April 2033 Nominal Bond Term Sheet.pdf
14 April 2033 Nominal Bond Term Sheet
PDF, 599.33 KB
15 May 2041 Nominal Bond Term Sheet.pdf
15 May 2041 Nominal Bond Term Sheet
PDF, 581.26 KB
20 April 2029 Nominal Bond Term Sheet.pdf
20 April 2029 Nominal Bond Term Sheet
PDF, 226.77 KB
Noticeof Availabilityoffinancialstatements.pdf
Notice of Availability of financial statements
PDF, 222.81 KB
nz govt nominal bonds information memorandum 5 nov 24.pdf
Information Memorandum - New Zealand Govt Bonds
PDF, 408.93 KB
Information Memorandum New Zealand Government Bonds (19 October 2022).pdf
Information Memorandum - New Zealand Government Bonds
PDF, 372.79 KB
15 May 2031 Nominal Bond Term Sheet.pdf
15 May 2031 Nominal Bond Term Sheet
PDF, 521.96 KB
15 April 2027 Nominal Bond Term Sheet.pdf
15 April 2027 Nominal Bond Term Sheet
PDF, 593.21 KB
15 May 2036 Nominal Bond Term Sheet.pdf
15 May 2036 Nominal Bond Term Sheet
PDF, 162.49 KB
15 May 2030 Nominal Bond Term Sheet.pdf
15 May 2030 Nominal Bond Term Sheet
PDF, 164.10 KB
15 May 2034 Nominal Bond (Green Bond)Term Sheet.pdf
15 May 2034 Nominal Bond (Green Bond) Term Sheet
PDF, 167.01 KB
15 May 2035 Nominal Bond Term Sheet.pdf
15 May 2035 Nominal Bond Term Sheet
PDF, 164.62 KB
15 May 2054 Nominal Bond Term Sheet.pdf
15 May 2054 Nominal Bond Term Sheet
PDF, 115.73 KB
Information Memorandum New Zealand Government Bonds.pdf
Information Memorandum
PDF, 386.15 KB
15 May 2026 Nominal Bond Term Sheet.pdf
15 May 2026 Nominal Bond Term Sheet
PDF, 550.32 KB
Additional details
Issuer details
Name
THE SOVEREIGN IN RIGHT OF NEW ZEALAND
Industry
Other
Website
Credit rating
AAA (Standard & Poor's) on 22 Feb 2021
Offer details
Date registered
11 November 2016
Date opened
18 November 2016
Closing date
None
Offer credit rating
N/A
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
No
Restrictions on acquisition
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
Yes
FMA exemption
No
Reference numbers
Offer
OFR10925: NEW ZEALAND GOVERNMENT BONDS