Issuer's description of this product:
An offer of debt securities being unsecured call and term deposits.
Minimum investment
$1.00
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.
Rate
Non-fixed
This investment offer does not have a single set rate. This may mean that the rate is variable or that there are multiple rates available.
The details
Key facts
Provider website
Issuer's industry
Financial/insurance
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
BB+ Stable
(Fitch Ratings)
This is the credit rating for this particular bond or debt security.
Issuer credit rating
BB+ Stable
(Fitch Ratings)
This is the credit rating for the organisation issuing the bond or debt security.
Maturity
Non-fixed
Maturity conditions description
Maturity is dependant on the account type
Rate
Non-fixed
Rate calculation description
Interest rates vary according to the term of the deposit. They are reviewed on a regular basis after considering current market conditions.
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.
NBS Product Disclosure Statement 28 August 2025.pdf
How this investment works, including about the provider, risks, costs and potential returns
PDF, 402.91 KB
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
NBS Exemption Revocation Notice 2018.pdf
Non-bank Deposit Takers (Nelson Building Society) Exemption Revocation Notice 2018
PDF, 462.94 KB
Nelson Building Society Application Forms.pdf
Nelson Building Society Application Form
PDF, 177.18 KB
NBS Exemption Revocation Notice 2020.pdf
Non-Bank Deposit Takers (Nelson Building Society) Exemption Revocation Notice 2020
PDF, 594.17 KB
Interest Rates 27 March 2026.pdf
Interest Rates 27 March 26
PDF, 229.49 KB
Deposit Takers NBS Exemption Notice 2011259.pdf
Deposit Takers (NBS) Exemption Notice 2011 259
PDF, 236.57 KB
Deposit Takers (NBS)Exemption Amendment Notice 2015.pdf
Deposit Takers (NBS) Exemption Ammendment Notice 2015
PDF, 361.02 KB
NBS Climate Related Disclosure 2025.pdf
Climate Related Disclosure 2025
PDF, 5.74 MB
2022 Ranking Diagram.pdf
Additional product disclosure statement from the provider
PDF, 106.23 KB
2023 Ranking Diagram.pdf
Additional product disclosure statement from the provider
PDF, 261.62 KB
NBS Key Ratios and Financial Information 31 March 2021 31 March 2023.pdf
Additional product disclosure statement from the provider
PDF, 235.50 KB
2024 Rankingdiagram.pdf
Additional product disclosure statement from the provider
PDF, 44.42 KB
NBS Key Ratios and Financial Information 31 March 2022 31 March 2024.pdf
Additional product disclosure statement from the provider
PDF, 1.79 MB
NBS Key Ratios and Financial Information 31 March 2023 31 March 2025.pdf
Additional product disclosure statement from the provider
PDF, 1.71 MB
2025 NBS Ranking Diagram.pdf
Additional product disclosure statement from the provider
PDF, 44.43 KB
Additional details
Issuer details
Name
NELSON BUILDING SOCIETY
Type
Building Society
Industry
Financial/insurance
Website
NZBN
9429043042661
Credit rating
BB+ Stable (Fitch Ratings) on 21 Jan 2024
Supervisor
Name
COVENANT TRUSTEE SERVICES LIMITED
Offer details
Date registered
31 October 2016
Date opened
11 November 2016
Closing date
None
Offer credit rating
BB+ Stable (Fitch Ratings) on 21 January 2024
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
Yes
Restrictions on acquisition
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR11081: NELSON BUILDING SOCIETY