Bonds
On 15 December 2006 (first election date) we reset the terms of its NZD$307.205 million Capital Bonds. The key terms of the reset bonds include:
- Maturity date: 15 June 2012
- Interest rate: 8%
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Interest payment dates: 15 June and 15 December.
We also issued NZD$150 million retail bonds. The key terms are:
- Maturity date: 15 October 2014
- Interest rate: 7.8%
- Interest payment dates: 15 April and 15 October.