News: New Zealand Debt Management Office raises 2024/25 issuance plan by NZ$2 bln

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    WELLINGTON, May 30 (Reuters) - The New Zealand Debt Management Office (NZDMO) said on Thursday it had increased by NZ$2 billion ($1.22 billion) its bond issuance plans for the 2024/25 fiscal year.

    The DMO plans to issue NZ$38 billion worth of bonds in 2024/25, compared with NZ$36 billion forecasted in half yearly update in December.

    The forecast gross bond issuance for the four-year period ended June 2028 is now NZ$126 billion, up from a forecast of NZ$114 billion in December.

    ($1 = 1.6359 New Zealand dollar)

 
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