Bond Auckland City Council 2.013% ( NZAKCDT484C5 ) in NZD
Issuer | Auckland City Council |
Market price | 93.05 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.013% per year ( payment 2 times a year) |
Maturity | 09/07/2025 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | / |
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. The NZAKCDT484C5 bond, issued by the Auckland Council?the primary local government authority for New Zealand's Auckland Region?has successfully reached its maturity date of July 9, 2025, and has been fully redeemed. This New Zealand Dollar (NZD) denominated fixed-income instrument carried an annual interest rate of 2.013%, with coupon payments structured on a semi-annual basis; while a market price of 93.05% in NZD was observed at a point prior to its redemption, the bond's lifecycle has now concluded with the full return of principal to investors. |