tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Tuesday, March 5th, 1:12PM

Investments

rss
Latest Headlines

Auckland City may raise $150m selling bonds

Auckland City Council said it is considering the sale of up to $150 million of fixed-rate, five-year bonds this month.

Friday, February 13th 2009, 4:05PM

by Jonathan Underhill

The city didn’t give an interest rate on the debt in seeking preliminary indications of interest from investors. The sale would be of $100 million of bonds with oversubscriptions of $50 million, it said in a statement.

The offer would open on February 23. BNZ Capital and Westpac Institutional Bank are lead managers for the sale.

« Who has got a guarantee?Money at Work: Meridian Energy's Renewable Energy Notes »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
Today's Best Bank Rates
Rabobank 5.25  
Based on a $50,000 deposit
More Rates »
News Bites
Latest Comments
Subscribe Now

Deposit Rates newsletter

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com