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NZGBS: Morgan Stanley See Average Month-End Extension

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Morgan Stanley expect “the 1-Year+ NZGB index to extend by 0.026 years in March, compared to an average March extension of 0.025 years and an average month's extension of 0.029 years. A total of NZ$6.15bn of issuance will affect the extension, and there are no bonds falling out of the index.”

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

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