Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Kiwi Bond Interest Rates

Kiwi Bond Interest Rates

The New Zealand Debt Management Office announced today that the one-year, the two-year and the four-year Kiwi Bond interest rates are to increase by 0.25%. These rate changes will be effective from 8 August 2003.

Kiwi Bond interest rates are set periodically from the moving averages of domestic wholesale rates. These changes have been made in response to recent changes in wholesale market interest rates.

The new rates are as follows:

For subscriptions of $5,000 - $250,000

Maturity Rate

6 months 4.50 percent per annum 1 year 4.50 percent per annum 2 years 4.50 percent per annum 4 years 4.75 percent per annum

For subscriptions of $1,000 - $4,900

Maturity Rate

6 months 4.00 percent per annum 1 year 4.00 percent per annum 2 years 4.00 percent per annum 4 years 4.25 percent per annum

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.