Bond Aotearoa 2.75% ( NZGOVDT551C8 ) in NZD

Issuer	Aotearoa
Market price	100 % ⇌
Country	New Zealand
ISIN code	NZGOVDT551C8 ( in NZD )
Interest rate	2.75% per year ( payment 1 time a year)
Maturity	15/05/2051
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 NZD
Total amount	5 925 000 000 NZD
Next Coupon	15/05/2026 ( In 259 days )
Detailed description	New Zealand is a geographically diverse island nation in the southwestern Pacific Ocean, known for its stunning natural landscapes, including fjords, mountains, volcanoes, and glaciers, alongside a unique and rich M?ori culture. This financial article details a specific sovereign bond issuance by the New Zealand government, identified by the ISIN code NZGOVDT551C8, offering an in-depth look into its characteristics and the issuing entity. The bond, a direct obligation of the New Zealand sovereign, underscores the nation's commitment to robust fiscal management and its standing as a stable, developed economy primarily driven by agriculture, tourism, and a burgeoning tech sector, contributing to its high creditworthiness on the global stage. Issued and denominated in New Zealand Dollars (NZD), this security provides investors with direct exposure to the economic performance and currency of New Zealand. The current market price of the bond stands at 100% of its par value, indicating that it is trading at par, aligning its coupon rate with prevailing market yields for comparable risk and duration. Holders of this bond are entitled to a fixed annual interest rate of 2.75%, with payments made once per year, offering a predictable income stream. The total size of this particular bond issue is substantial, amounting to 5,925,000,000 NZD, suggesting significant liquidity in the secondary market and reflecting a considerable borrowing requirement by the New Zealand Treasury. Designed for accessibility to a broad range of investors, the minimum purchase size is set at 1,000 NZD. A distinguishing feature of this bond is its remarkably long maturity date of May 15, 2051, positioning it as a long-duration asset that appeals to investors seeking extended income streams and long-term portfolio stability, albeit with inherent interest rate sensitivity over such an extensive period.