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NZGBS: 2023/24 New Zealand Government Bond Programme

BONDS
In conjunction with the Budget Economic and Fiscal Update 2023, the Treasury has updated the forecast core Crown borrowing programme.
  • The forecast 2023/24 New Zealand Government Bond (NZGB) programme has been increased to NZ$34 billion, NZ$4 billion higher than that published at the Half Year Economic and Fiscal Update 2022. The forecast NZGB programmes for 2024/25, 2025/26, and 2026/27 have all been increased, by NZ$2 billion, NZ$10 billion and NZ$4 billion respectively.
  • The forecast for the 2022/23 year is unchanged, with a NZ$28 billion NZGB programme.

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