Bond Auckland City Council 4.017% ( NZAKCDT366C4 ) in NZD

Issuer Auckland City Council
Market price 100 %  ▼ 
Country  New Zealand
ISIN code  NZAKCDT366C4 ( in NZD )
Interest rate 4.017% per year ( payment 2 times a year)
Maturity 23/09/2020 - Bond has expired



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Minimal amount 1 000 NZD
Total amount 250 000 000 NZD
Detailed description Auckland Council is the local government authority for the Auckland region of New Zealand, responsible for providing a wide range of services including transport, waste management, parks and recreation, and urban planning.

Auckland Council, the local government body administering New Zealand's largest city and region, has completed the full redemption of its NZD 250,000,000 bond (ISIN: NZAKCDT366C4), which officially matured and was repaid on September 23, 2020; this New Zealand-issued debt instrument, denominated in New Zealand Dollars (NZD), featured an annual interest rate of 4.017%, paid semi-annually, was historically observed trading at 100% of its par value, and had a minimum acquisition size of NZD 1,000.