Bond New Zealand Bank 2.253% ( XS2053906348 ) in AUD

New Zealand Bank

100 % ⇌

New Zealand

XS2053906348 ( in AUD )

2.253% per year ( payment 1 time a year)

20/09/2029

Prospectus brochure of the bond Bank of New Zealand XS2053906348 en AUD 2.253%, maturity 20/09/2029

1 000 000 AUD

107 000 000 AUD

20/09/2025 ( In 6 days )

Bank of New Zealand (BNZ) is a major commercial bank in New Zealand, offering a wide range of financial products and services to personal and business customers.

A detailed analysis of the fixed-income market reveals an Australian Dollar-denominated bond, identifiable by its ISIN code XS2053906348. This instrument is issued by the Bank of New Zealand (BNZ), a cornerstone of New Zealand's financial services industry. Established in 1861, BNZ is one of the nation's largest and most enduring financial institutions, operating across retail, business, and corporate banking sectors. As a wholly-owned subsidiary of the National Australia Bank (NAB), BNZ leverages a strong parentage and a well-established reputation for stability and comprehensive financial solutions, solidifying its position as a key player in the Australasian market. The bond, originating from New Zealand, is presently quoted at 100% of its face value on the market, denominated in Australian Dollars (AUD). It offers a fixed annual coupon rate of 2.253% and has an aggregate issuance size of AUD 107,000,000. Potential investors should note the minimum purchase increment, set at AUD 1,000,000, which typically caters to institutional or sophisticated investors. This bond is scheduled to mature on September 20, 2029, and features an annual interest payment frequency. The specifics of this offering provide insight into a structured investment vehicle issued by a major regional bank, offering a fixed return profile until its medium-term maturity.