On September 10, the New Zealand Debt Management Office (NZDMO) reconfirmed the three intermediary banks who will act as joint leads on its long-awaited return to the inflation-linked bond market. However, while revealing that the next linker to be issued by the New Zealand sovereign is "likely to have" a maturity date of September 20 2025, the debt management agency also said it will not issue prior to October 1 this year.

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