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Election Timing Decision Inbound

NEW ZEALAND

BNZ note that "the Prime Minister will announce at 10:00 local (23:00 London) whether the election will go ahead as originally scheduled, on September 19th, or is delayed. If the election is delayed, the Pre-Election Economic and Fiscal Update, which needs to take place between 20 to 30 days prior to the election, will be pushed back from Thursday. The bond programme was due to be updated on Thursday but this will also likely be pushed back, in the event that the election is delayed."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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